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☆ House China committee targets top clothing brands in forced labor inquiry
▼ + stars: | 2023-05-03 | by ( Chelsey Cox | ) www.cnbc.com time to read: +3 min

A shopper carries a bag of Nike merchandise along the Magnificent Mile shopping district on December 21, 2022 in Chicago, Illinois. WASHINGTON — A House committee examining the U.S. government's economic relationship with China is asking some of the world's largest clothing companies for information about the use of forced labor during production — a potential violation of U.S. trade law. Lawmakers asked retailers Temu, Shein, Nike and Adidas North America about the use of materials and labor sourced from the Xinjiang Uyghur Autonomous region of China, according to letters sent to company leaders on Tuesday. Such practices would constitute violations of the 2021 Uyghur Forced Labor Prevention Act, according to the lawmakers. The inquiries also follow a March hearing of the committee that included an expert assessment finding that U.S. companies finance "state-sponsored forced labor programs in the Uyghur region."

☆ AOC and Matt Gaetz introduce a bipartisan bill to ban Congress members from trading individual stocks
▼ + stars: | 2023-05-02 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

A bipartisan group of lawmakers introduced a bill that would ban Congress members from trading individual stocks. Nancy Pelosi's husband Paul Pelosi has long been scrutinized for his extensive history of trading stocks. The Bipartisan Restoring Faith in Government Act would prohibit Congress members and their spouses and any dependents from trading individual stocks. The bill would prevent Congressional lawmakers and their spouses and dependents from trading individual stocks. Instead of owning individual stocks, Congress members would be allowed to buy and sell baskets of stocks via mutual funds or ETFs, as well as Treasury securities.

☆ Elon Musk reveals plans for a new factory making Megapacks on Shanghai visit, while Apple mulls 'decoupling' from China
▼ + stars: | 2023-04-09 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +4 min

Elon Musk announced plans Sunday for a new battery factory in Shanghai during a visit there. Rep. Mike Gallagher met with Apple CEO Tim Cook earlier this month to discuss ties with China. While the Tesla CEO is continuing to invest in China, other companies may be looking at ways to distance themselves. Gallagher told Bloomberg that he didn't expect companies to sever all ties with China. Tesla, Apple, and Gallagher didn't immediately respond to requests for comment from Insider, made outside normal working hours.

☆ Where TikTok users may go if the app gets banned
▼ + stars: | 2023-03-24 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +4 min

CNN —On the eve of a high-profile TikTok hearing this week, the company shared that it now has more than 150 million US monthly active users. “This uncertainty could push some TikTok content creators to focus more on, and possibly begin, pushing their audiences to other social network platforms,” Mogharabi said. Snap’s stock rose in the days leading up to TikTok’s appearance before Congress amid renewed talks among federal officials of a TikTok ban. Alex Brandon/APIf that happens, Lian Jye Su, an analyst with ABI Search, believes users will follow their favorite TikTok influencers and content creators wherever they go. For now, talk of a TikTok ban may still be premature.

☆ U.S. House panel on China to highlight abuse of Uyghurs in second hearing
▼ + stars: | 2023-03-23 | by ( Michael Martina | ) www.reuters.com time to read: +3 min

WASHINGTON, March 23 (Reuters) - A new U.S. congressional committee on China will hold its second hearing on Thursday, seeking to highlight what Washington says is an ongoing genocide against Uyghurs and other ethnic minorities in China's Xinjiang region. Rights groups accuse Beijing of abuses, including forced labor, mass surveillance and the placement of 1 million or more Uyghurs - a mainly Muslim ethnic group - in a network of internment camps in Xinjiang. China vigorously denies abuses in Xinjiang, and says it established "vocational training centers" to curb terrorism, separatism and religious radicalism. A United Nations report last year said China may have committed crimes against humanity in the region. Its top Democrat, U.S. Representative Raja Krishnamoorthi, told reporters that what happens to the Uyghur community in China affects Americans.

Instead the opposite happened," said Representative Raja Krishnamoorthi, the top Democrat on the select committee, in his opening remarks. McMaster said the United States must put a priority on expediting delivery of billions of dollars of weapons and munitions that Taiwan has already purchased. Although the committee is bipartisan, some Democratic lawmakers have voiced concerns that it could fuel anti-Asian sentiment within the United States. The select committee has 13 Republican and 11 Democratic members. It will not write legislation, but will draw attention to competition between the United States and China on a range of fronts and make policy recommendations.

☆ ACLU urges US lawmakers not to ban TikTok, citing free speech
▼ + stars: | 2023-02-28 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

A TikTok ban would "limit Americans’ political discussion, artistic expression, free exchange of ideas — and even prevent people from posting cute animal videos and memes," the ACLU said in a letter to lawmakers. Earlier this month, Biden said he was not sure if Washington would ban TikTok, which is owned by Chinese company ByteDance. Representative Michael McCaul, chair of the House Foreign Affairs Committee, in a statement on Monday, said the legislation "empowers the administration to ban TikTok or any software applications that threaten U.S. national security. TikTok, he said, "allows (China) to manipulate and monitor its users while it gobbles up Americans' data to be used for their malign activities." TikTok officials have been on Capitol Hill this month trying to convince lawmakers of its efforts to protect data security.

☆ Watch live: U.S. House China panel holds first hearing after lawmakers push seven bills targeting Beijing
▼ + stars: | 2023-02-28 | by ( Chelsey Cox | ) www.cnbc.com time to read: +4 min

Gallagher and Rep. Raja Krishnamoorthi, D-Ill., ranking member of the select committee, called the balloon a "violation of American sovereignty" in a joint statement. The administration's move prompted the advancement of several bills designed to bolster U.S. national security against China. Seven out of 10 bills passed by the House Financial Services Committee Tuesday addressed China or its neighbor, Taiwan. The Select Committee will not allow the CCP to lull us into complacency or maneuver us into submission." Matthew Pottinger, former U.S. Deputy national security adviser; former U.S. National Security Adviser H.R.

☆ Top-ranking Democrat on House China committee says TikTok probably won't be banned in the US but there are serious questions about its data being 'controlled by an adversarial regime'
▼ + stars: | 2023-02-26 | by ( Sarah Al-Arshani | ) www.businessinsider.com time to read: +2 min

A top democrat on the House China committee said it's unlikely TikTok will be banned. The concerns stem from the Chinese governments ability to potentially access user data. —Face The Nation (@FaceTheNation) February 26, 2023He added: "All we're saying is, if TikTok is gonna operate here, don't have that user data and algorithms controlled by an adversarial regime." The EU also banned staff members from having TikTok on their personal devices if those devices access corporate services. More than half of US states have banned TikTok from government devices, Insider previously reported.

☆ Matt Gaetz called for Biden to 'blow up TikTok' after the Air Force shot down the suspected Chinese spy balloon
▼ + stars: | 2023-02-06 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

The US Air Force shot down a suspected Chinese spy balloon on Saturday using an F-22 fighter jet. "It is an intelligence tool for the Chinese communist party, and no spunky dance is worth having the Chinese communist party being able to exploit information from almost every American family," Gaetz told WEAR-TV. In China, the TikTok app is known as Douyin. It opens the door for the Chinese Communist Party to access Americans' personal information, keystrokes, and location through aggressive data harvesting," Hawley wrote on his website. Hawley's bill came after after a bipartisan bill also aiming to ban TikTok was introduced on December 13.

☆ TikTok Dealt Another Hit as Democratic Senator Joins Calls for Banning the App
▼ + stars: | 2023-02-02 | by ( John D. Mckinnon | ) www.wsj.com time to read: 1 min

WASHINGTON—Another prominent Democrat has joined Republicans seeking to hobble TikTok, with Sen. Michael Bennet (D., Colo.) calling on Apple Inc. and Google to bar the Chinese-owned video platform from their app stores. Republicans have been the most outspoken critics of TikTok, but in recent weeks, Democrat Rep. Raja Krishnamoorthi of Illinois joined with Republicans to sponsor legislation to ban TikTok outright.

☆ House Democrats pressure Kevin McCarthy to keep his promise on stock trade ban after they were burned by Pelosi
▼ + stars: | 2023-02-02 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

House Democrats pushing for a stock trade ban in Congress got burned by Pelosi last year. In a letter exclusively shared with Insider, they're now pushing McCarthy to pick up where she left off. The GOP House Speaker has spoken favorably of a ban in the last year, but hasn't gotten specific. Since the new Congress kicked off, lawmakers have been re-introducing bills to ban stock trading by members of Congress, arguing that members of Congress should not be allowed to profit off of information they receive as public servants or their ability to influence legislation. Spanberger re-introduced the bipartisan TRUST in Congress Act last month, while Craig put forward her more expansive HUMBLE Act.

☆ TikTok CEO to testify before Congress in March amid app security questions
▼ + stars: | 2023-01-30 | by ( Rose Horowitch | Rose Horowitch Is An Intern With Nbc News Digital Politics. | ) www.nbcnews.com time to read: +3 min

TikTok CEO Shou Zi Chew will appear before Congress in March to field questions about the viral video app's security measures amid mounting efforts to ban it because of privacy concerns. TikTok, which is owned by the Chinese company ByteDance, has come under increased scrutiny after media reports showed possible security breaches. Several lawmakers are supporting legislation to ban the app from the U.S. entirely. The ban Biden approved, which was wrapped into the omnibus spending bill, included limited exceptions for law enforcement, national security and security research purposes. Last month Congress banned it on all government devices.

☆ Sen. Josh Hawley says he'll introduce legislation to ban TikTok nationwide
▼ + stars: | 2023-01-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Rebecca-Shabad-Circle-Byline-Template.Jpg | Rebecca Shabad | ) www.nbcnews.com time to read: +3 min

WASHINGTON — Sen. Josh Hawley, R-Mo., has announced he plans to introduce legislation Wednesday that would ban the popular social media app TikTok in the United States. Now I will introduce legislation to ban it nationwide." "But listen, I welcome all efforts to ban TikTok, of whatever form it takes." Under that measure, the president could impose sanctions on TikTok and other social media companies to prevent commercial operation in the U.S. Several states have also taken steps to prohibit the use of TikTok on government devices.

Rep. Judy Chu, D-Calif., the chair of the Congressional Asian Pacific American Caucus (CAPAC), said she has personally spoken to Jeffries and recommended that Rep. Andy Kim, D-N.J., should be the ranking member. “The Republicans made it very clear that the committee is primarily focused on … counter intelligence and economic espionage issues which have been the focus of my own work, especially on the Intelligence Committee,” Krishnamoorthi said in an interview. Rep. Elissa Slotkin, D-Mich., a former CIA analyst who is eyeing a possible Senate bid in 2024, has also expressed interest in the top role on the China panel. But while CAPAC is divided, its members agree that the ranking member of the new panel should be Asian American. Think about that," said one CAPAC member.

The bill would "protect Americans by blocking and prohibiting all transactions from any social media company in, or under the influence of, China, Russia, and several other foreign countries of concern," the lawmakers said in a news release. The lawmakers said the bill aims to protect Americans from foreign adversaries who might use certain social media to surveil Americans, learn sensitive data about them, and spread influence campaigns or propaganda. In June, BuzzFeed News reported that China-based employees of ByteDance, TikTok’s parent company, had accessed nonpublic data about U.S. users. TikTok denied turning over any U.S. data to Chinese officials and said it never would, though it acknowledged that Chinese employees have some access to it. In a statement responding to Maryland's ban, a TikTok spokesperson said, “We believe the concerns driving these bans are largely fueled by misinformation about our company.

☆ Lawmakers unveil bipartisan bill that aims to ban TikTok in the U.S.
▼ + stars: | 2022-12-13 | by ( Lauren Feiner | ) www.cnbc.com time to read: +2 min

TikTok, owned by Chinese company ByteDance, has raised fears in the U.S. that Chinese government officials could gain access to U.S. user data under Chinese law that could compel the company to hand over information. TikTok has insisted U.S. user data is safely stored outside of China, which it says should keep it out of reach of government officials. A new bill from a bipartisan group of lawmakers, if passed, would ban TikTok in the U.S. after years of broad concern across the Trump and Biden administrations about potential Chinese government influence on the company. FBI Director Christopher Wray testified before Congress recently that he's "extremely concerned" about the Chinese government's potential influence through TikTok on U.S. users. "It is troubling that rather than encouraging the Administration to conclude its national security review of TikTok, some members of Congress have decided to push for a politically-motivated ban that will do nothing to advance the national security of the United States," a TikTok spokesperson said.

☆ U.S. lawmakers unveil bipartisan bid to ban China's TikTok
▼ + stars: | 2022-12-13 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, Dec 13 (Reuters) - Republican Senator Marco Rubio on Tuesday announced bipartisan legislation to ban China's popular social media app TikTok, ratcheting up pressure on owner ByteDance Ltd amid U.S. fears the app could be used to spy on Americans and censor content. The bill comes as scrutiny of TikTok has grown in Washington in recent weeks, after a failed bid by the Trump administration to ban the video-sharing app. TikTok app logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoAlabama and Utah on Monday joined other U.S. states prohibiting the use of TikTok on state government devices and computer networks due to national security concerns. CFIUS and TikTok have been in talks for months aiming to reach a national security agreement to protect the data of TikTok's more than 100 million users.

CNN —A year-long investigation by the House Committee on Oversight and Reform revealed on Thursday that Washington Commanders owner Dan Snyder established a “culture of fear” within the NFL organization and attempted to intimidate witnesses from cooperating with investigators. The 79-page report found “sexual harassment, bullying, and other toxic conduct” pervaded the workplace for decades. An internal investigation by attorney Beth Wilkinson last year resulted in the NFL fining the Commanders $10 million and Snyder handing control of the franchise’s daily operations to his wife. But the NFL declined to publicly release its findings, sparking the House Oversight Committee’s review in October. NFL spokesman Brian McCarthy issued a statement on Thursday afternoon in response to the report’s findings, saying it did not impede the investigation.

Elon Musk's Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. Taibbi has an exclusive podcast deal with Musk's friend and Twitter investor David Sacks via his podcasting platform, Callin. Taibbi and Weiss both write newsletters on Substack, which is partly funded by Andreessen Horowitz, a co-investor in Twitter with Musk. Musk has even gone so far as to say that Twitter, which he now owns and leads, interfered with U.S. elections. During a Twitter Spaces discussion, Musk suggested more files would be released regarding how Twitter handled the 2020 presidential election, the Jan. 6, 2021, riot at the U.S. Capitol and the Covid-19 pandemic.

☆ The effort to ban members of Congress from trading stocks is mostly dead — at least for now
▼ + stars: | 2022-12-06 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +9 min

Time has largely run out in this Congress to ban lawmakers from trading stocks. On Monday, he told Insider in a statement that he would "keep pushing to get this debated on the floor and get it passed." Democratic senators formed a working group, with Senate Majority Leader Chuck Schumer's blessing, to draft legislation to ban stock trading among lawmakers. In the Senate, Democratic Sen. Elizabeth Warren of Massachusetts told Insider that it was "not yet" time to declare the effort dead, pointing to ongoing discussions. "I support a stock ban for members of Congress," he told reporters in September.

☆ Nancy Pelosi's congressional stock trading ban has a massive blind trust loophole and is too broad, ethics experts warn
▼ + stars: | 2022-09-29 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +10 min

But ethics experts say the bill has a major loophole when it comes to blind trusts, and is too broad. Broadly speaking, a blind trust is a financial arrangement wherein people turn over their assets to be managed by an independent entity to prevent a conflict of interest. Several previously-introduced bills to ban stock trading allow for lawmakers to place their stocks into a blind trust, rather than fully selling off existing stock holdings. "You'd be able to create any kind of a trust you want to, put anything you want into it, and call it a blind trust, even though there wouldn't actually be any way to prove that it is, in fact, a blind trust." Payne also said the blind trust loophole was a "small risk," but that in an optimistic scenario, "that language allows this law to grow for future circumstances that you just can't be prepared for."

☆ The House may finally vote — next week — on legislation to ban members of Congress from trading stocks
▼ + stars: | 2022-09-22 | by ( Bryan Metzger | Dave Levinthal | ) www.businessinsider.com time to read: +5 min

House Democrats just teed up a potential vote next week on a congressional stock trading ban. "Across the entire federal government, there have been significant stories regarding financial conflicts of interest in relation to stock trading and ownership," Lofgren wrote. A ban on senior government officials, including members of Congress and their immediate families, from trading cryptocurrencies. The House is voting for just 3 days next week, leaving little time for members to consider the new legislation. Several prominent proponents of a stock trading ban recently told Insider that they'd been largely left out of Democratic leadership's legislative plans.

☆ Nancy Pelosi says a congressional stock trading ban is coming this month, but skepticism abounds among key advocates: 'I can't say I'm confident'
▼ + stars: | 2022-09-20 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +10 min

Nancy Pelosi says that a bill to ban members of Congress from trading stocks is coming this month. "I'm concerned about the lack of detail as to what is being planned," said Democratic Rep. Raja Krishnamoorthi of Illinois. Democratic Rep. Raja Krishnamoorthi of Illinois is urging vigilance amid the potential rollout of legislation from Democratic leadership. "I think that coalescing is a very real internal dynamic," Democratic Rep. Alexandria Ocasio-Cortez of New York told Insider last week. "We have not heard exactly what's happening," said Democratic Rep. Pramila Jayapal of Washington, the chair of the Congressional Progressive Caucus.

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