{"id":1984450,"date":"2023-07-27T18:03:01","date_gmt":"2023-07-27T22:03:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-mostly-unified-on-china-provisions-despite-ndaa-fights\/"},"modified":"2023-07-27T18:03:36","modified_gmt":"2023-07-27T22:03:36","slug":"senate-mostly-unified-on-china-provisions-despite-ndaa-fights","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-mostly-unified-on-china-provisions-despite-ndaa-fights\/","title":{"rendered":"Senate remains largely united on China provisions despite disagreements over NDAA."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/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%2Fsenate-mostly-unified-on-china-provisions-despite-ndaa-fights%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=1984450&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--><h2>A Measure to Protect National Security<\/h2>\n<p>A measure aimed at safeguarding U.S. national security by monitoring investments in Chinese tech companies has overwhelmingly passed in the Senate, highlighting concerns about China&#8217;s \u2062rapid advancements in \u2062technology. The bipartisan amendment, proposed by Senators Bob \u200dCasey (D-PA) and\u200c John\u2062 Cornyn (R-TX), received a resounding 91-6 vote \u200din favor on Tuesday. This amendment is\u2063 part of\u2062 the National Defense Authorization Act \u2063(NDAA), which \u2063establishes policies and funding for the Pentagon.<\/p>\n<h3>Opposition and Objectives<\/h3>\n<p>The six \u200csenators who voted against the measure were Marsha Blackburn (R-TN), Mike Braun (R-IN), Mike Lee (R-UT), Rand Paul\u2064 (R-KY), Kyrsten Sinema (I-AZ), and Thom Tillis \u200b(R-NC). The amendment \u200brequires U.S. investors to report their\u200d stakes within two weeks \u200cto the Treasury Department. It also mandates reporting investments in \u200bother &#8220;countries of concern,&#8221; including North Korea, Russia, and Iran.<\/p>\n<p>&#8220;We need this type of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-mostly-unified-on-china-provisions-despite-ndaa-fights\/\" title=\"Senate remains largely united on China provisions despite disagreements over NDAA.\">outbound\u200c investment notification<\/a> to understand just how \u200dmuch&#8230; critical technology\u2063 we are transferring to our adversaries via these capital flows,&#8221; emphasized Casey during\u2062 his Senate floor speech. &#8220;With \u200dthis information in hand,\u2064 we can begin to take control of our economic future.&#8221;<\/p>\n<h3>Enhancing Transparency and Security<\/h3>\n<p>This measure bears\u200b similarities to the Outbound Investment Transparency\u2063 Act, which aimed to restrict investments in foreign adversaries. However, \u2064objections were raised, leading to the current amendment that focuses on investment notification rather than\u200b prohibition. It also targets a narrower range of\u200c industries.<\/p>\n<p>Cornyn\u200d expressed his support, stating, &#8220;When American companies invest in technology like semiconductors\u2063 or AI\u200b in countries like China \u200dand Russia, their capital, intellectual property, and innovation can fall into \u200bthe wrong hands and be weaponized against us. This bill \u2062would increase the visibility of\u200d these \u2062investments, helping the U.S. gather \u200bthe necessary information to evaluate our <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/texas-lawmakers-crack-down-on-chinese-business-operating-near-air-force-base\/\" title=\"Texas Lawmakers Crack Down on Chinese Business Operating Near Air Force Base\">national security vulnerabilities<\/a>, confront threats\u200d from\u2062 adversaries,\u200c and maintain our \u2063global competitiveness.&#8221;<\/p>\n<p><strong>Click here to read more from The Washington Examiner.<\/strong><\/p>\n<h2>Additional Measures to Protect \u200dNational Interests<\/h2>\n<p>In addition to the \u2064tech\u2062 investment measure, the Senate\u200c also passed an amendment\u200c on Tuesday to prevent foreign adversaries from purchasing American agricultural land. The amendment, proposed by Senators Jon Tester (D-MT) and Mike Rounds (R-SD), received a 91-7 vote \u2064in favor. The aim is to prevent countries like China, Russia, North Korea,\u2063 and Iran from\u200c acquiring U.S. \u2062farmland, particularly near military installations,\u2062 due to\u200d concerns about \u200b<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-no-new-proactive-step-on-tiktok-deal-under-biden\/\" title=\"White House: No New \u2018Proactive Step\u2019 on TikTok Deal Under Biden\">national security risks<\/a>.<\/p>\n<p>Members of Congress have been\u200b engaged in debates over \u200bthe NDAA, which determines Pentagon policy and authorizes $886 billion in \u200bdefense spending for fiscal year 2024. The Senate is working diligently to pass this crucial bill before the August recess, which \u2062is set to begin after business concludes on Thursday evening. The final version of the\u200c bill will \u2062be determined later this year when the Republican-led House and Democratic-controlled Senate reconcile their differences in a conference committee. \u200cThe House \u200chas\u200b already passed its version\u2063 of the bill earlier this month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Senate measure, passed 91-6, mandates U.S. investors in Chinese tech firms to report investments. Concerns over China&#8217;s rapid tech growth prompted the bipartisan amendment to the National Defense Authorization Act, proposed by Sens. Bob Casey (D-PA) and John Cornyn (R-TX). The NDAA establishes policy.<\/p>\n","protected":false},"author":1,"featured_media":1984451,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-1984450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1984450","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1984450"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1984450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1984451"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1984450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1984450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1984450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}