Joint hearing to address Chinese Communist Party's impact on American retirees' finances

Webp 1ccom6xkp3tojtzrwddr7fzeb4j4
Congressman John Moolenaar Chairman of the Select Committee on the CCP | Official U.S. House headshot

Joint hearing to address Chinese Communist Party's impact on American retirees' finances

The House Select Committee on the Chinese Communist Party is set to conduct a joint hearing with the Senate Special Committee on Aging. The hearing, titled “Financial Aggression: How the Chinese Communist Party Exploits American Retirees and Undermines National Security,” is scheduled for April 9 at 2:30 p.m. in the Dirksen Senate Office Building.

The agenda includes expert testimonies on the risks involved in American investments in China. The focus will be on the necessity for Americans to protect their retirement savings from the actions of the Chinese Communist Party (CCP). The issues of concern include the challenges, risks, and potential scams arising from the CCP’s practices. Discussions will highlight the threat that Communist China's influence poses to the financial security of American retirees.

Key witnesses for this hearing include Kevin O'Leary, Chairman and CEO of O'Leary Ventures; Chris Iacovella, President and CEO of the American Securities Association; and Brady Finta, Founder of the National Elder Fraud Justice Coordination Center.

This important session aims to shed light on the financial dynamics at play and the implications on national security and personal savings. It serves as a platform to address how the CCP's financial maneuvers impact American retirees.

The hearing will be broadcast live online.