Page 12 - Eric Sayers News Today

by   WASHINGTON — The Biden administration is expanding a Trump-era order that banned U.S. investment in Chinese companies that it said support Chinas military to include those selling surveillance technology, calling the entities a threat to U.S. interests and values. A new executive order Thursday broadens prohibitions that the Trump administration enacted and moves authority for the ban to the Treasury Department, from the Defense Department, to give it stronger legal grounding, senior ad...

The Biden administration is broadening a Trump-era ban on U.S. investment in China to include Chinese companies that sell surveillance technology.

Military Services in High-Stakes Tussle Over Long-Range Fires

The Pentagon failed to provide the legally required report on Chinese companies with military ties to Congress because US President Joe Biden is about to make

The Pentagon has delayed a report on Chinese companies with military ties The Pentagon has not given a legally required report to Congress on Chinese companies with military ties because U.S. President Joe Biden is close to deciding whether Americans can invest in such groups. Congress asked the Department of Defense in January to make a report by April 15th. But the Pentagon has told lawmakers it has lost the deadline, according to two people familiar with the report. The delay came when the B...

Australia Draws a Line on China Sun Online Desk 7th May, 2021 05:57:51 Australian Prime Minister Scott Morrison speaks to the media during a press conference at Australia’s parliament in Canberra, on Nov. 25, 2019. TRACEY NEARMY/GETTY IMAGES Australian defense officials and politicians alike are striking an increasingly hawkish tone on China. This week, it was revealed that a former top general warned his troops last year of the “high likelihood” of war with China. This comes just days af...

US Lawmakers Intensify Bipartisan Efforts to Counter China A bipartisan U.S. congressional push to counteract China picked up steam on Wednesday as a Senate committee overwhelmingly backed a bill pressing Beijing on human rights and economic competition and other lawmakers introduced a measure seeking billions for technology research. The Senate Foreign Relations Committee backed the “Strategic Competition Act of 2021” by 21-1, sending the bill for a vote in the 100-member Senate, ev...

POLITICO Playbook: Fury over Anglo-Saxon caucus Presented by Facebook Framing their new organization around former President Donald Trump, Reps. Marjorie Taylor Greene (R-Ga.) and Paul Gosar (R-Ariz.) plan to call their group the “America First Caucus.” | Susan Walsh/AP Photo DRIVING THE DAY — MARJORIE TAYLOR GREENE (R-Ga.) and PAUL GOSAR (R-Ariz.) are planning to launch a House caucus based on “uniquely Anglo-Saxon” (read: “white people”) traditions has GOP leaders and Democrats...

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