China
Recent News About China
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Current Bills Under Consideration Addressing U.S.-China Relations
S.866 American Innovation and Jobs Act - This bill revises and expands the deductibility of research and experimental expenditures to allow immediate expensing of such expenditures.
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US Rep. Davidson: 'Anyone attacking self-custody opposes individual freedom'
U.S. Representative Warren Davidson (R-Ohio), a member of the House Financial Services Committee, has expressed his support for the passage of his proposed Keep Your Coins Act. This legislation aims to maintain the ability of cryptocurrency users to conduct transactions without the need for a third-party intermediary. In a post on Dec. 19, Davidson stated that the bill would shield Americans from the introduction of a central bank digital currency (CBDC).
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Chairman Gallagher sends defense suggestions to Pentagon
The Chairman of the Select Committee on the Chinese Communist Party (CCP), Representative Mike Gallagher (R-Wis.), has submitted defense recommendations to the Pentagon, in response to potential threats posed by China to Taiwan. The recommendations follow war games conducted by the Select Committee, which simulated a hypothetical 2027 invasion of Taiwan by the CCP and highlighted potential gaps in U.S. preparedness.
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Gov. Sanders: 'China is a hostile foreign adversary'
The office of Governor Sarah Sanders (R-Arkansas) is currently conducting an investigation into the potential violation of state law by two Arkansas-based companies, alleged to have affiliations with China. Last week, Secretary of Agriculture Wes Ward raised his concerns in a letter addressed to Attorney General Tim Griffin (R-Arkansas), calling for investigations into these companies.