Rep. Zach Nunn, R-Iowa, introduced a bill last week that would require the Treasury Department to submit quarterly reports to Congress on the number of businesses that have met FinCEN’s new beneficial ownership information (BOI) reporting rule.
Rep. Elise Stefanik, R-N.Y, criticized the Biden administration last week for reportedly allowing Intel to export “cutting-edge chip technology” to China’s Huawei for use in the new Matebook X Pro computer, even though Huawei has been on the Commerce Department’s Entity List since 2019 (see 1905160072).
The ranking member of the Senate Banking Committee said April 12 that he has asked the Treasury Department to provide “an accounting of all international high-value Iranian assets around the world that are currently blocked by U.S. sanctions.”
Republican Sens. Ted Budd of North Carolina, Joni Ernst of Iowa and Rick Scott of Florida introduced a bill April 9 that would require the State Department to review and consider terminating Qatar’s status as a major non-NATO ally.
Sens. Maggie Hassan, D-N.H., and Mitt Romney, R-Utah, on April 9 introduced a bill that would increase resources for detecting, investigating and preventing violations of U.S. export controls.
The Biden administration’s pause on pending decisions for liquefied natural gas exports has forced an LNG project in Port Arthur, Texas, to suspend its expansion plans, jeopardizing thousands of local jobs, Rep. Randy Weber, R-Texas, said April 5.
Rep. Bob Good, R-Va., introduced a bill April 5 that would direct the State Department to designate the MS-13 international criminal gang a foreign terrorist organization. The legislation was referred to the House Judiciary Committee. Further details weren't immediately available.
Senate Minority Leader Mitch McConnell, R-Ky., said April 8 that Congress should require China’s ByteDance to divest TikTok because the popular social media application is "beholden to our foremost strategic competitor."
Sen. Rick Scott, R-Fla., is calling on the Biden administration to reimpose sanctions on Venezuela’s government for arresting political opposition leaders and blocking presidential candidate Maria Corina Machado from this year’s election.
When the Senate returns from its two-week recess on April 8, it will have an opportunity to “work on a path forward on TikTok legislation” in addition to addressing a host of other matters, Senate Majority Leader Chuck Schumer, D-N.Y., said April 5 in a “Dear Colleague” letter.