Policy Briefs

By an overwhelming vote of 91 to 6 the Senate approved an amendment to the defense reauthorization bill that for the first time would impose notification requirements on US cutting edge technology outbound investments to China and other “countries of concern.” The notification requirement would apply to artificial intelligence, quantum industries, advanced semiconductors and micro-electronics, hypersonics, satellite-based communications and networked laser scanning systems with dual-use applications.

China is providing crucial support for Russia’s war effort in Ukraine by helping the Kremlin evade Western sanctions and is likely supplying Moscow with key technology, according to a new US intelligence report. China has dramatically expanded its purchase of Russian oil, gas and other energy exports since Moscow invaded Ukraine in February last year and used its financial system to allow Russia “to conduct transactions unfettered of Western interdiction,” said the assessment released Thursday by the Office of the Director of National Intelligence (ODNI).

The Commerce and Defense Departments announced yesterday that they have signed a Memorandum of Agreement to expand collaboration to strengthen the US semiconductor defense industrial base. The agreement will increase information sharing between the departments to facilitate close coordination on the CHIPS for America’s incentives program, ensuring that their respective investments position the United States to produce semiconductor chips essential to national security and defense programs.

The Administration is not operating on a timetable for releasing highly-anticipated new export control rules on cutting-edge technology, Commerce Secretary Gina Raimondo said Wednesday. The focus instead is on getting the final rules right, so that US national security is protected but companies are not prevented from selling readily-available technology, she said at a program sponsored by the American Enterprise Institute.

Brian Nelson, the Under Secretary of the Treasury for Terrorism and Financial Intelligence, is set to make an official visit to Nairobi, Kenya, and Mogadishu, Somalia from July 24 to 29. The journey …

A bipartisian group of lawmakers Tuesday introduced the Inter-American Development Bank Transparency Act. which would require the Treasury Department to inform Congress of PRC influence at the …

As lawmakers raise questions of whether restrictions should be imposed on US investment in China, the Select Committee on the Chinese Communist Party is launching an investigation into US venture capital firms’ investment in Chinese cutting edge technologies. Committee Chairman Mike Gallagher (R-Wisc) and ranking Democrat Raja Krishnamoorthi (Ill) sent letters to four US venture capital firms – GGV Capital, GSR Ventures, Qualcomm Ventures and Walden International – demanding information about the firms' investments in Chinese artificial intelligence, semiconductor and quantum companies.

In a sternly worded letter to CEO Jim Farley of the Ford Motor Company, two of the House’s leading China Hawks lashed into the company’s plans to license Chinese technology for electric vehicle battery production, calling for access to Ford’s business records and correspondence related to the deal.

Treasury's Office of Foreign Asset Control designated dozens of entities as Washington continues to apply economic pressure on Moscow for it's invation of Ukraine. The July 20 actions address munitions, metals & mining, finance, energy and aerospace technology interests.

Rep. Mike Gallagher (R-WI), Chair of the Select Committee on the Chinese Communist Party, and Rep. Virginia Foxx (R-NC) of the Education and the Workforce Committee, recently sent a letter to the President and Chancellor of the University of California, Berkeley. expressing concerns about the University's joint institute with Tsinghua University and the Shenzhen government in China.. The lawmakers pointed out that the Tsinghua-Berkeley Shenzhen Institute (TBSI) provides the People's Republic of China (PRC) with easy access to Berkeley's research and expertise. They emphasized that this access potentially allows the PRC to gain economic, technological, and military advantages.

The Department of Commerce launched the Data Privacy Framework (DPF) program website today, enabling eligible U.S. companies to self-certify their participation in the EU-U.S. Data Privacy Framework …

New foreign direct investment in the United States dropped by $185.1 billion – or 51 percent – in 2022, compared to the $362.6 billion recorded the previous year, the Commerce Department reported last week. Expenditures by foreign direct investors to acquire, establish or expand US businesses totaled $177.5 billion in 2022, according to the Bureau of Economic Analysis report.

The European Commission has adopted its adequacy decision for the European Union-US Data Privacy Framework, concluding that the United States ensures an adequate level of protection – …

A bipartisan group of lawmakers led by Chairman Mike Gallagher (R-WI) and Ranking Member Raja Krishnamoorthi of the Select Committee on the Chinese Communist Party introduced legislation aimed at …

The U.S. Department of Justice (DOJ) and the Office of the U.S. National Intelligence Director (ODNI) have declared the fulfillment of their commitments under President Joe Biden's Executive Order (EO) 14086 regarding the EU-U.S. Data Privacy Framework. Since 2020, when the European Court of Justice nullified the EU-U.S. Privacy Shield agreement due to concerns about U.S. government surveillance activities, the U.S. and the EU have been on a quest to establish a new data flow mechanism. This decision unsettled transatlantic data transfers and necessitated a resolution that would ensure enhanced privacy and data protection for EU data subjects. Secretary of Commerce Gina Raimondo said in a press statement that the DOJ's designation of EU member states, as well as Iceland, Liechtenstein, and Norway, as "qualifying states." These designations allow citizens of these nations to seek redress through the proposed Data Protection Review Court, offering enhanced U.S. privacy protections in the process.

On June 27, 2023, the U.S. Department of State published its 2023 Fiscal Transparency Report, revealing that out of 141 global posts surveyed, only 72 governments met the basic criteria for fiscal …

Secretary of State Antony Blinken had a lengthy conversation with Chinese officials last week over Beijing’s belief that the United States is trying to “contain” it economically. …

The United States and Mongolia signed a memorandum of understanding yesterday to jointly advance security and resilient critical mineral supply chains in the Indo-Pacific. Washington is looking …

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.  

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