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Friday, November 15, 2024

Republican senators introduce bill aimed at countering China's influence

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Senator Bill Cassidy | Sen. Bill Cassidy Official Website

Senator Bill Cassidy | Sen. Bill Cassidy Official Website

U.S. Senators Bill Cassidy, M.D. (R-LA), Jim Risch (R-ID), Pete Ricketts (R-NE), Todd Young (R-IN), John Barrasso (R-WY), Mike Crapo (R-ID), Dan Sullivan (R-AK), Mitt Romney (R-UT), John Cornyn (R-TX), Chuck Grassley (R-IA), and Shelley Moore Capito (R-WV) have introduced the STRATEGIC Competition Act 2024. This legislation aims to position the United States and its allies for success in strategic competition against China.

“The Chinese Communist Party is the greatest geopolitical threat the U.S. faces,” said Dr. Cassidy. “We cannot afford to turn a blind eye to their predatory trade practices and militarization. This bill lays out a strategy to protect our national and economic security.”

Senator Risch emphasized the urgency of legislative action: “Despite the significant threat China poses to the United States, the U.S. Congress has failed to enact legislation in a number of crucial areas that would set up the United States, its allies, and partners for success,” he said. “This legislation takes strong positions to safeguard U.S. and allied interests and provides actionable provisions that will help us in our strategic competition with China. We cannot wait for more reports and studies – it is time to start implementing policies.”

The STRATEGIC Act:

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