Senate Commerce Committee Chair Maria Cantwell, D-Wash., announced late April 17 that she supports a newly modified House proposal that would ban TikTok in the U.S. unless China’s ByteDance divested the popular social media application.
Marc Selinger
Marc Selinger, Assistant Editor, is the congressional reporter for Export Compliance Daily, which he joined in December 2023. He previously wrote for a variety of defense publications, highlights of which included covering the Paris and Farnborough (UK) air shows and touring the Israeli defense industry. His first full-time journalism job involved reporting on local government, schools and police news for a community newspaper in Michigan. He is on X at @marcselinger and on LinkedIn at https://www.linkedin.com/in/marc-selinger-315089173/.
An investigation by the House Select Committee on China found that U.S. financial institutions facilitated the investment of $6.5 billion last year in 63 Chinese companies that the U.S. government has “blacklisted or otherwise red-flagged” for advancing China’s military capabilities or supporting its human rights abuses, the committee said April 18.
Commerce Secretary Gina Raimondo said April 17 she’s concerned that a host of upcoming elections around the world could fuel harmful sentiment against international trade.
Congress should approve tougher sanctions and import restrictions to stem the deadly and illegal flow of fentanyl into the U.S., the House Select Committee on China said in a new report April 16.
Leaders of the Group of Seven (G7) nations have discussed the possibility of imposing additional sanctions on Iran in response to that country’s drone and missile attack on Israel last week, White House National Security Communications Adviser John Kirby said April 15.
The Bureau of Industry and Security is encouraging industry and foreign countries to do more to ensure American high-tech products don't end up in Russian weapon systems, a Commerce Department official said April 10.
The Biden administration isn't ready to say whether it plans to formally designate Venezuela’s largest criminal gang, Tren de Aragua, a transnational criminal organization, a State Department official said at an April 11 congressional hearing.
The Treasury Department has asked lawmakers to approve a series of proposals to help it counter terrorist groups and other bad actors that increasingly use cryptocurrency to evade financial sanctions, Deputy Treasury Secretary Wally Adeyemo said April 9.
Sanctions compliance professionals should familiarize themselves with several advisories authorities recently issued to help spot “dark fleet” vessels that seek to evade the price cap on Russian oil sales or oil sanctions on Iran and Venezuela, experts said April 4 during a webinar hosted by the Association of Certified Sanctions Specialists.
Sen. Sherrod Brown, D-Ohio, who has opposed the proposed acquisition of U.S. Steel Corp. by Japan-based Nippon Steel Corp. since it was announced in December (see 2312200056), said April 2 that a new report about Nippon Steel’s ties to China provides another reason for the Biden administration to reject the deal.