{"id":1106863,"date":"2021-12-10T17:14:10","date_gmt":"2021-12-10T22:14:10","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1106863"},"modified":"2021-12-10T17:14:13","modified_gmt":"2021-12-10T22:14:13","slug":"biden-commerce-department-nominee-cleared-huawei-executive-of-fraud-charges","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-commerce-department-nominee-cleared-huawei-executive-of-fraud-charges\/","title":{"rendered":"Biden Commerce Department Nominee Cleared Huawei Executive Of Fraud Charges"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-commerce-department-nominee-cleared-huawei-executive-of-fraud-charges%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1106863&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>President Joe Biden\u2019s choice for the Department of Commerce\u2019s assistant secretary for export administration cleared a Huawei executive of fraud charges one day after her nomination hearing.<\/p>\n<p>Huawei CFO Meng Wanzhou was previously <a href=\"https:\/\/www.justice.gov\/opa\/pr\/huawei-cfo-wanzhou-meng-admits-misleading-global-financial-institution\">charged<\/a> with conspiracy to commit bank fraud and wire fraud. However, Thea Kendler \u2014 who served on the Department of Justice team prosecuting Meng \u2014 agreed to let the Chinese telecommunications executive off the hook in September.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/politics\/biden-commerce-nominee-signed-agreement-cleared-huawei-cfo-fraud\">Fox Business<\/a> reported:<\/p>\n<p>Meng was released from Canadian custody in September after reaching a deferred prosecution agreement with the DOJ \u2014 an agreement Kendler signed one day after her Senate nomination hearing. A deferred prosecution agreement is a form of legal adjudication that eventually drops charges against a defendant should they fulfill their side of the bargain in the agreement\u2026<\/p>\n<p>The terms of Meng\u2019s deferred prosecution agreement were light, however, only requiring the Chinese national charged with defrauding financial institutions to agree to a \u201cfour-page statement of facts that details the knowingly false statements\u201d to one of the financial institutions in the case. The only other stipulation of Meng\u2019s deal with the government was an agreement \u201cnot to commit other federal, state or local crimes.\u201d<\/p>\n<p>In a statement to Fox Business, a spokesman for Sen. Bill Hagerty (R-TN) said that the lawmaker \u201cwants to understand the interagency process and negotiations with Communist China and others, including Thea Kendler\u2019s role at the Justice Department, that led to the deferred prosecution agreement \u2026\u201d <\/p>\n<p>Huawei \u2014 a Chinese technology company with close <a href=\"https:\/\/www.bbc.com\/news\/technology-54455112\">ties<\/a> to the Chinese Communist Party \u2014 has frequently provoked suspicion from Western governments. Former President Donald Trump\u2019s Federal Communications Commission once designated Huawei as a national security threat, and cut it off from subsidies, according to <a href=\"https:\/\/www.nytimes.com\/2020\/06\/30\/technology\/fcc-huawei-zte-national-security.html\">The New York Times<\/a>:<\/p>\n<p>The agency voted unanimously [in 2019] to bar telecommunications manufacturers it deemed to be threats from receiving money meant to expand internet access to underserved areas, including rural America. The announcement on Tuesday was the final step in blocking Huawei and ZTE from the funds.<\/p>\n<p>The Trump administration has been applying pressure on Chinese companies over security concerns. American officials have pushed countries around the world not to use Huawei\u2019s networking equipment in their next-generation, or 5G, wireless networks.<\/p>\n<p>As The Daily Wire\u2019s <a href=\"https:\/\/www.dailywire.com\/news\/opinion-why-is-a-single-american-taxpayer-dollar-going-to-china-our-greatest-enemy\">Ian Haworth<\/a> argued earlier this year, the United States should not be subsidizing Chinese entities, given that the communist nation is \u201ctoday\u2019s Nazi Germany.\u201d<\/p>\n<p>\u201cWhether it be the CCP\u2019s open disdain for human rights, their military aggression against neighboring states, or the attempt to place the world economy in a stranglehold, China\u2019s status as the United States\u2019 greatest adversary \u2014 both economically, militarily, and ethically \u2014 is unquestionable,\u201d said Haworth. \u201cThe claim that Chinese institutions are in any way independent of the Chinese Communist Party is either naive or deeply moronic. In the world\u2019s foremost dictatorship, we can safely assume any and all companies, organizations, and institutions exist only with the CCP\u2019s blessing.\u201d<\/p>\n<p>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a <a href=\"https:\/\/www.dailywire.com\/subscribe\">member<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden\u2019s choice for the Department of Commerce\u2019s assistant secretary for export administration cleared a Huawei executive of fraud charges one day after her nomination hearing.Huawei CFO Meng Wanzhou was previously charged with conspiracy to commit bank fraud and wire fraud. However, Thea Kendler \u2014 who served on the Department of Justice team prosecuting Meng \u2014 agreed to let the Chinese telecommunications executive off the hook in September.Fox Business reported:Meng was released from Canadian custody in September after reaching a deferred prosecution agreement with the DOJ \u2014 an agreement Kendler signed one day after her Senate nomination hearing. A deferred prosecution agreement is a form of legal adjudication that eventually drops charges against a defendant should they fulfill their side of the bargain in the agreement\u2026The terms of Meng\u2019s deferred prosecution agreement were light, however, only requiring the Chinese national charged with defrauding financial institutions to agree to a \u201cfour-page statement of facts that details the knowingly false statements\u201d to one of the financial institutions in the case. The only other stipulation of Meng\u2019s deal with the government was an agreement \u201cnot to commit other federal, state or local crimes.\u201dIn a statement to Fox Business, a spokesman for Sen. Bill Hagerty (R-TN) said that the lawmaker \u201cwants to understand the interagency process and negotiations with Communist China and others, including Thea Kendler\u2019s role at the Justice Department, that led to the deferred prosecution agreement \u2026\u201d Huawei \u2014 a Chinese technology company with close ties to the Chinese Communist Party \u2014 has frequently provoked suspicion from Western governments. Former President Donald Trump\u2019s Federal Communications Commission once designated Huawei as a national security threat, and cut it off from subsidies, according to The New York Times:The agency voted unanimously [in 2019] to bar telecommunications manufacturers it deemed to be threats from receiving money meant to expand internet access to underserved areas, including rural America. The announcement on Tuesday was the final step in blocking Huawei and ZTE from the funds.The Trump administration has been applying pressure on Chinese companies over security concerns. American officials have pushed countries around the world not to use Huawei\u2019s networking equipment in their next-generation, or 5G, wireless networks.As The Daily Wire\u2019s Ian Haworth argued earlier this year, the United States should not be subsidizing Chinese entities, given that the communist nation is \u201ctoday\u2019s Nazi Germany.\u201d\u201cWhether it be the CCP\u2019s open disdain for human rights, their military aggression against neighboring states, or the attempt to place the world economy in a stranglehold, China\u2019s status as the United States\u2019 greatest adversary \u2014 both economically, militarily, and ethically \u2014 is unquestionable,\u201d said Haworth. \u201cThe claim that Chinese institutions are in any way independent of the Chinese Communist Party is either naive or deeply moronic. In the world\u2019s foremost dictatorship, we can safely assume any and all companies, organizations, and institutions exist only with the CCP\u2019s blessing.\u201dThe Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a member.<\/p>\n","protected":false},"author":99,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1106863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1106863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/99"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1106863"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1106863\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1106863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1106863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1106863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}