Washington, June 12 (IANS) Democratic lawmakers introduced legislation that would create a new federal authority to review and monitor large foreign investment commitments in the United States, arguing that Washington needs stronger safeguards to ensure such investments benefit American workers and do not create ethical conflicts for public officials.The proposal, led by Senator Tammy Baldwin and Congressman Ro Khanna, comes as the White House touts hundreds of billions of dollars in investment …
Latest People’s Republic of China (PRC) News & Updates
Washington, April 25 (IANS) Senior Democratic lawmakers have urged the US Treasury to review the transfer of federally owned land in Arizona to a foreign mining venture, asserting that it poses significant national security risks due to links with China and proximity to sensitive military installations.In a letter to Treasury Secretary Scott Bessent, Congresswoman Maxine Waters and three other ranking members called for an immediate review by the Committee on Foreign Investment in the United Sta…
