Inside Trade

October 4, 2024

Schumer blasts House GOP for blocking China-focused measures in NDAA

By Brett Fortnam  / December 5, 2023 at 11:35 AM
Senate Majority Leader Chuck Schumer (D-NY) on Monday took aim at House Republicans for blocking a bevy of China-related provisions in the annual defense authorization bill, saying they are sabotaging attempts to pass legislation with outbound investment provisions, restrictions on Chinese acquisitions of U.S. farmland and measures designed to hold Beijing responsible for the fentanyl crisis. House Financial Services Committee Chair Patrick McHenry (R-NC), a vocal opponent of outbound investment restrictions, has been blocking their inclusion in the National Defense...

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