Communist China is the greatest threat to the American way of life. Under Dictator Xi Jinping, the Chinese Communist Party is actively threatening the peace and prosperity that we’ve maintained for over 80 years.
While undermining the security of the world, they are also using our financial system to fund their malicious activities. The same is true for abusive companies and bad actors under Beijing’s control. They are using our stock market to raise money for their military industrial base and to oppress their people. I am introducing four bills to stop this.
It's important that our country’s hard-earned dollars don’t go into the hands of the Chinese Communist Party. My bills target sanctioned and adversarial companies like those companies that use coerced labor, abuse human rights, or run China’s surveillance state. These bills also target companies that serve as research and development labs for the Communist military. The PRC Military and Human Rights Capital Markets Sanctions Act that I introduced would prohibit Americans from investing in these sanctioned companies, which are opposed to the values and interests of the United States.
