In recent years, the U.S.-China bilateral relationship has hit historic lows, marked by notable events like the Chinese spy balloon incident in February and former Speaker of the House Nancy Pelosi’s visit to Taiwan in 2021. However, there is reason for optimism as we have witnessed a significant shift in dynamics over the past few … Continue Reading
This report provides a snapshot of the U.S. Executive Branch priorities via daily schedules and the prior day’s press releases. POTUS’ Schedule* 5:45 a.m. EDT – THE PRESIDENT meets with Prime Minister Rishi Sunak of the United Kingdom (10:45 AM Local) | 10 Downing Street, London 7:15 a.m. EDT – THE PRESIDENT departs London en … Continue Reading
As tensions between the US and China continue to build, what does this mean for US companies operating in China? Partners George Grammas and Ed Newberry will discuss the current political landscape, as well as provide insight on where things are headed and what you can do to mitigate risks and protect your relationships going forward. The discussion will … Continue Reading
Balloon Incident Underscores U.S.-China Competition Concerns The Chinese surveillance balloon incident may elevate the issue of China competition in the public consciousness and galvanize bipartisan support, particularly in the House, for addressing aspects of the U.S.-China bilateral relationship.… Continue Reading
WHAT WE’RE WATCHING: A New Standard of “Influence?” Last week, the House of Representatives passed the Protecting America’s Strategic Petroleum Reserve from China Act (H.R. 22), which would prohibit the Department of Energy (DOE) from selling petroleum products from the Strategic Petroleum Reserve (SPR) to any entity that is “under the ownership, control, or influence … Continue Reading
118th Congress Begins with Focus on China. Last weekend, House Republican Leader Kevin McCarthy (R-CA) was elected Speaker of the House. In his first speech, McCarthy said Republicans will “address America’s long-term challenges: the debt, and the rise of the Chinese Communist Party.”… Continue Reading
This week Republicans filed a flurry of bills focused on China. While they may be seeking to push these proposals as policy riders in the omnibus government spending package, more likely they reflect continuing interest by congressional Republicans to legislate on US-China policy and relations at least as aggressively in the 118th Congress as they … Continue Reading
The House voted 350-80 to pass the compromise defense authorization bill on Thursday. The 4,000-plus page package would authorize $857.9 billion in fiscal 2023 defense spending, $45 billion more than requested by the White House. The Senate is expected to consider the legislation next week. Why it matters: The proposed boost to defense spending underscores … Continue Reading
What Happened Last Week: Commerce Secretary Raimondo’s Remarks on U.S.-China Competition Secretary of Commerce Gina Raimondo said export controls will be “strategically and continuously” updated in remarks at MIT on November 30.… Continue Reading
This report provides a snapshot of the US Executive Branch priorities via daily schedules and the prior day’s press releases. POTUS’ Schedule* *The US President (POTUS) and Vice President’s (VPOTUS) daily schedules are subject to change, as is the White House press briefing schedule. 11:30 a.m. EDT – THE PRESIDENT receives his intelligence briefing | … Continue Reading
Fueled by a stronger-than-expected monthly national employment report, President Donald Trump is vowing to press the US Congress to craft a bipartisan COVID-19 response package this summer that places a heavy emphasis on policies that would accelerate the return of the American economy as it emerges from the pandemic-driven shutdown. The White House drive comes … Continue Reading
As public protests against police brutality and racial disparity continued to dominate the national policy debate, pushing coronavirus-related news from the front pages, the US Senate has given its approval to legislation passed last week by the US House of Representatives making changes to the Paycheck Protection Program (PPP) created by the March 27 Coronavirus … Continue Reading