US Congress
Total 165 Posts
Republican Senators Urge CFIUS Review of Chinese Acquisition of U.S. Semiconductor Company
Last week, five Republican Senators sent a letter to U.S. Department of Treasury Secretary Janet Yellen urging the Department to conduct a Committee on Foreign Investment in the United States (CFIUS) review of Chinese-funded Alphawave IP Group’s intent to acquire U.S.-based semiconductor IP developer OpenFive, "
Republican Senators Introduce Bill on SEC Requiring Reporting of Supply Chains Linked to Forced Labor
Six Republican Senators have introduced legislation that would "require the Securities and Exchange Commission to require reporting of sourcing and due diligence activities of companies involving supply chains of products that are imported into the United States that are directly linked to products utilizing forced labor from Xinjiang, China.
Republican Members of Congress Seek Biden Administration Pressure on UK To Prevent Chinese Purchase of Semiconductor Facility
As we discussed here, the UK government is conducting a national security review of the acquisition of the Newport Wafer Fab, a semiconductor factory in Wales, by the Chinese-owned technology company Nexperia. Several Republican members of Congress are now urging the Biden administration to press the UK government to stop
Republican Senators Push To Keep Federal Employee Retirement Savings from Chinese Firms that Undermine U.S. National Security
U.S. Senators Marco Rubio (R-FL), Tommy Tuberville (R-AL), and Tom Cotton (R-AR) sent a letter to four of President Biden’s nominees to serve on the Federal Thrift Retirement Investment Board, requesting that they "commit to withholding the retirement savings of U.S. service members and other federal
U.S. Treasury Nominee for Investment Security Position Weighs In on China Issues
At a Senate hearing last week on the nomination of Paul Rosen to be Assistant Secretary of the Treasury for Investment Security, there was some discussion of the U.S. investment screening process as it relates to China, and Rosen emphasized that he takes the threat from China seriously.
Republican Congressman Introduces Bill To Sanction China if It Threatens Taiwan
Newly introduced legislation in the U.S. House of Representatives would lead to targeted sanctions against China in the event it threatens Taiwan.
Australia-U.S. Cooperation To Counter China on Critical Minerals Moves Forward
During a recent trip by Australian trade minister Dan Tehan to meet with his U.S. counterparts, Australia and the United States moved forward with plans that some commentators have characterized as designed to "counter China" on critical minerals.