Marsha Blackburn, Colleagues Introduce Bill To Turn Off Tap On Federal Investment In Blacklisted Chinese Firms


Source: clarksvilleonline.com clarksvilleonline.com

Key Topics in this News Article:

News Snapshot:

Washington, D.C. – There is no central ban on federal funds going to foreign firms explicitly identified through U.S. government blacklists, including dangerous Chinese companies. U.S. Senators Marsha Blackburn (R-Tenn.), Marco Rubio (R-Fla.), and Rick Scott (R-Fla.) introduced the Turn off the Tap Act to address this national security vulnerability by prohibiting federal funds from going to firms listed on several federal blacklists, including the Department of Commerce’s Entity List and the Non-SDN Chinese Military-Industrial Complex Companies List. “It is unconscionable that the Joe Biden administration has enabled the Chinese Communist Party to rake in cash from American taxpayers. Rather...