A hell of a truck a full report we have a lot to get to so lets get started. The house clear legislation on wednesday that threatens to kick Chinese Companies off u. S. Stock exchanges if they continue to deny u. S. Regulators access to their audit when the measure passed the house by anonymous vote after it passed the Senate Unanimously in may well now the bill has gone to president Donald Trumps dust for his signature joining me now to discuss the trafficking of journalist ben swan but whats in this bill exactly and what was it spelled out to do specifically. Yeah its kind of an interesting things there its called the Holding Foreign Companies Accountable act essentially bars securities of Foreign Companies from being listed on a u. S. Exchange if they have failed to comply with u. S. Public accounting oversight boards audits for 3 years in a row so essentially the idea here is that if youre going to be on a u. S. Exchange you have got to have the u. S. Agency doing audits to make su
Particular the segments of the economy that use it now with regards to this of course the safety and protection of personal data has been paramount its good for concerns that Many Russians as the country increasingly moves towards a Digital Economy and the president was clear that the balance needed to be struck between making that digital progress and protecting peoples data protecting peoples information in particular to do with data leaks. I ask the government to promptly present a bill allowing the creation of draft laws for using ai across economy sectors and also present the strategy of how to use e. I. In practice so that it helps for example doctors at the same time all risks of personal data leaks should be prevented human rights should unconditionally be observed. Now those proposals that the president mention is that they could come as early as next year or early 2021 while he will put forward proposals to grant Ai Developers access to Government Data something that will of
More than 100 days ago, i urged Speaker Pelosi to institute a safe, clear, and effective plan to reopen congress. House republicans even provided the framework. In the plan, we specifically called for implementing Rapid Testing capabilities for congress. Testing regime should be scaled as test availability increases nationwide. The plan should progress to implement asymptomatic randomized testing and eventually fda authorized rapid antigen tests. June, house administrations rodney davis, wrote toer, and barry the speaker echoing the same need for protocols. The Trump Administration offered to help with the test but the House Majority refused to accept them. In march, we saw a democrat and a republican to come the first members of Congress Test positive for covid19. And we have seen a total of nine members now test positive. The House Majoritys reaction posture has proven inadequate for the institution of our size and unique responsibilities. This is not just a campus. The country expec
Mr. Mccarthy i cant understand why the speaker refuses. Is it because the offer has come from the administration . There are times and place that politics has got to stop. The other place i believe politics needs to stop is when it comes to china. I have to wonder why democrats are so hesitant to hold china accountable. I dont know what the Chinese Communist party has on the democrats. But it is effective. The evidence is undeniable. They are conducting espionage, hacking of Vaccine Development and there was an article that warned about chinas increased capability in interfering in our elections. Yet democrats have voted again and again against our attempts to hold china accountable. Just yesterday in a markup about an election interference bill, Ranking Member mccaul tried to amend it to talk about china and the democrats all voted against it and refused. Even though in the same article axios, you have Christopher Wray from the f. B. I. Talking about the fear of chinas actions for our
Big rally bubbling up. Check out what happened to chinese tech stocks today as Congress Seems to be turning up the heat on china. Lets get to Kayla Tausche for the details. Melissa, the Holding Foreign Companies Accountable act technically applies to any nonu. S. Company listed here and it requires those companies to be subjected by the securities and Exchange Commission and if not to certify that it is not owned and controlled by a Foreign Government any company that cannot prove that would be dislisted. Here is john kennedy, the republican senator from louisiana who sponsored this bill i do not want to get into a new cold war all i want, and i think all the rest of us want is for china to mri by t play by the rules. Antichina sentiment has been gaining steam in recent years and it did not subside after the phase one trade deal was reached in january and this particular issue of transparency has gained new momentum after the fraudulent Financial Disclosures at Luckin Coffee just last