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To outrun China, Senate to consider groundbreaking legislation

The Senate has kicked off the complicated process of coordinating and passing multi-committee legislation designed to bolster US technological capabilities, expand the US political, diplomatic and economic toolkit for dealing with China and curb China's growing geopolitical influence. The effort has garnered strong bipartisan support and is likely to yield landmark legislation that will be enacted with strong bipartisan support and the backing of the Biden administration. ....

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To Outrun China, Senate to Consider Groundbreaking Legislation | Arent Fox


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The U.S. Senate has kicked off the complicated process of coordinating and passing multi-committee legislation designed to bolster U.S. technological capabilities, expand the U.S. political, diplomatic, and economic toolkit for dealing with China, and curb China’s growing geopolitical influence.
 
The effort has garnered strong bipartisan support and is likely to yield landmark legislation that will be enacted with strong bipartisan support and the backing of the Biden Administration.
The Senate Committee on Commerce, Science, and Transportation held a business meeting on the bipartisan
Endless Frontier Act on May 11, 2021, and voted 24-4 to advance the bill. The ....

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Congress Advances Legislation Targeting U.S.-China Competition and High-Tech Investment | Wiley Rein LLP


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On April 21, 2021, Congress took action on two bills aimed at strengthening U.S. competitiveness vis-à-vis the People’s Republic of China (PRC or China). First, the Senate Foreign Relations Committee voted to advance the Strategic Competition Act of 2021. Second, Senators Chuck Schumer (D-NY) and Todd Young (R-IN), along with Representatives Ro Khanna (D-CA) and Mike Gallagher (R-WI), introduced the Endless Frontier Act. These bills are part of a broader wave of legislative action in Congress responding to Chinese policies that the U.S. government recognizes as posing threats to U.S. national and economic security. ....

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