Police detain people on a bus after they clear protesters taking part in a rally against a new national security law in Hong Kong. WASHINGTON, DC: The US Congress on Thursday passed tough new sanctions that target banks over violations of Hong Kong's autonomy, dialing up the pressure on China over the harsh security law it imposed on the financial hub.
"We will not stand still and silent and do nothing while they crack down on freedom in Hong Kong," he said on the Senate floor. The new legislation targets Chinese officials as well as the Hong Kong police, making US sanctions against them mandatory if they are identified in two consecutive government reports as working to restrict Hong Kong's freedoms.Senator Pat Toomey, a Republican who teamed up with Van Hollen on the legislation, acknowledged that some members of the administration opposed curbs on presidential power but said he had kept in close touch with the White House.
"If a Chinese bank decides that they value doing business with the oppressors more than they value access to engage in US dollar transactions or US Treasury transactions, then they can make that decision," he said. "They have a lot of discretion now in how they move forward, and this legislation says we're watching this process closely and there will be a price to pay for snuffing out people's rights," he told reporters.
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