House Foreign Affairs Committee Chairman Michael McCaul (R-TX) has announced the creation of a new bipartisan task force aimed at overhauling the U.S. foreign military sales process. Named the Foreign Military Sales (FMS) Technical, Industrial, and Governmental Engagement for Readiness (TIGER) Task Force, it is set to be led by Congressman Mike Waltz (R-FL) and co-led by Congressman Seth Moulton (D-MA).

Rep. Mike Gallagher (R-WI), Chairman of the Select Committee on the Chinese Communist Party, may bring a PhD and extensive national security experience to the role, but he takes seriously the political mantle he's assumed as the most enthusiastic anti-communist from the Fox River Valley in three generations.  

A bipartisan, bicameral group of lawmakers has introduced the Sanctions Evasion Whistleblower Rewards Act, legislation aimed at bolstering national security by incentivizing the exposure of sanctions evasion. This move will effectively offer rewards for information leading to the apprehension or conviction of those evading U.S. or UN sanctions.

Friday, the Financial Action Task Force (FATF) concluded the third plenary of the Singaporean presidency, during which it advanced its anti-corruption agenda, approved for public consultation a …

Friday, the EU Council announced the adoption of the eleventh comprehensive package of sanctions, imposing restrictive measures on an additional 71 individuals and 33 entities identified as …

A large group of Republican senators introduced legislation requiring the President to submit any sanctions relief for Iran for Congressional review before taking action, while House Foreign Affairs Committee approved legislation that would prevent US sanctions on Iran from expiring in 2026 unless Tehran meets specific criteria.

In an effort to counter rising foreign ownership of U.S. farmland, Rep. Beth Van Duyne (R-TX) has introduced the Protecting American Farmland Act in the House of Representatives. This legislation proposes a 60% excise tax on "Countries of Concern" attempting to buy American farm and ranch land. 

Export practitioners and regulators were called to the hill in recent weeks to explain to lawmakers what was being done and what could be improved.  BIS and Treasury Officials fielded queries in the Senate, while an oversight committee in the House invited former Commerce officials to discuss what could be done better.

The Financial Crimes Enforcement Network (FinCEN) and the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce have issued a supplemental joint alert urging financial institutions …

Assistant Attorney General Kenneth Polite Jr. , head of the Department of Justice's (DOJ) criminal division, reports an increase in corporate disclosures following the implementation of new …

In their Joint Statment, members of the US - EU Trade and Technology Council expressed support for the ongoing sanctions activities, export and investment controls:

The United States was the world's largest services market and was the top exporter and importer of services in 2021, according to a new report released by the U.S. International Trade Commission (USITC).  Preliminary data for 2022 indicate an increase of 15.9 percent in total services exports compared to the previous year.

Under Secretary of State for Arms Control and International Security, Bonnie D. Jenkins, is set to travel to the Republic of Korea (ROK) from May 29 to June 2, to continue the United States' …

The House Energy and Commerce Committee, under the leadership of Chair Cathy McMorris Rodgers (R-WA), advanced H.R. 1042, the Prohibiting Russian Uranium Imports Act, in a markup session on Thursday. The bill, introduced last month by Rodgers and Rep. Bob Latta (R-OH), Chair of the E&C Subcommittee on Communications and Technology, seeks to ban fuel imports from Russia in a bid to decrease America's dependence on Russian nuclear fuels.

The time has come to “take off the golden blindfolds and open our eyes to the risks in China,” the head of the House Select Committee on the Chinese Communist Party declared at an evening hearing May 17. Committee Chairman Rep. Mike Gallagher (R-Wisc) said that while a total economic decoupling from China is not possible, his panel will come up with policy recommendations for a “strategic derisking.”

A bipartisan group of House lawmakers have reintroduced legislation that would require the federal government to screen US outbound investments to countries like China and Russia. The National …

The leaders of the House Foreign Affairs Committee introduced legislation Tuesday to impose sanctions on activities supporting Iran’s missile and drone program ahead of the October expiration of the United Nations missile ban on Iran.

The US Export-Import Bank’s Board of Directors voted yesterday to approve two transactions totaling nearly $600 million in the transportation and energy sectors, subsidizing supplier finance for the Boeing Company and a controls upgrade at an Indonesian oil refinery.

Two Senate Republicans have introduced legislation to speed up the process for by exporting US defense, dual-use and other controlled items and technology to the United Kingdom and Australia.

The U.S. Trade and Development Agency (USTDA) is seeking stakeholder input to integrate climate adaptation and resilience into its programming across priority sectors. The agency's goal is to support …