The bill now heads to President Donald Trump, who is expected to sign it. Prior to the first Senate vote, key lawmakers reached an agreement with the White House to support the bill.The bill charges the Treasury Department with identifying the individuals and financial firms that enable the Chinese government to enact its new security law. If they do not relent, they will be subject to sanctions, including visa limitations on senior executives and restrictions on dollar transactions.
Unlike past Chinese sanction bills, the restrictions will apply not just to individuals, but the banks that employ them. And it will apply not just to Chinese-owned banks, but subsidiaries of American companies operating in the country. “If a Chinese bank decides they value doing business with the oppressors more than they value access to the U.S. dollar … then they can make that decision,” Sen. Pat Toomey , who led the bill with Sen. Chris Van Hollen , told reporters after passage. “For a Chinese bank that has little or no U.S. dollar business, they might make that decision, but the bigger banks are going to have a much harder decision to make if they are persistent offenders and therefore subject to the sanctions.”U.S.
"Beijing’s so-called national security law … signals the death of the one country, two systems principle," House Speaker Nancy Pelosi said Wednesday prior to House passage of the bill. Experts say China’s new national security law will reach far beyond the government’s previous attempts to alter Hong Kong’s legal system, which sparked a massive, ongoing protest movement on the island. Approved this week, the law sets up parallel police and legal systems for the city that are loyal to Beijing and not accountable to local authorities.
US has been sanctioning a lot countries every year. US also involved in a lot of wars in the world which destroyed many countries & people died & created many refugees without home. Does US rule the world? Who give the right to US to force its so-called 'democracy' to others? Bad
thats nice but why isnt MoscowMitchMcConnell having a vote on the HEROESAct or securing our elections? moscowmutchmctreason benedictmitch
Politico news you can eat Digest and then shit out
The Communists at work wake up people!!
And without TTP.
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House passes bill rebuking China over Hong Kong; Senate nextThe House on Wednesday joined the Senate in approving a bill to rebuke China over its crackdown in Hong Kong by imposing sanctions on groups that undermine the city’s autonomy or restrict freedoms promised to its residents. The bill targets police units that have cracked down on Hong Kong protesters Ummmm...... Hasn't the American government just recently used force against people in the streets demanding equality?
Source: YahooNews - 🏆 380. / 59 Read more »
Senate Passes Sanctions Bill Against Chinese Officials Over Hong KongThe U.S. Senate passed by unanimous consent a bipartisan bill to impose sanctions on Chinese officials who threaten Hong Kong’s limited autonomy, as well as the banks and firms that do business with them, sending the legislation to the president’s desk. Good. KNOW THIS: Light-workers all over the planet have been busy alchemizing any & all dark energy, by the power of Almighty God: ‘Twas DARK is NOW LIGHT. And it is done. ✝️🔮❤️☮️🇺🇸🌎 P.S. We also decode comms.😉 Better check with KingJames first....after all he is the 'educated' one when it comes to China.
Source: WSJ - 🏆 98. / 63 Read more »
Senate approves final sanctions bill to punish China over Hong KongThe US Senate has approved a final version of legislation that would punish China for moves that lawmakers fear will crush democratic freedoms in Hong Kong. It will now go to President Trump's desk. KNOW THIS: Light-workers all over the planet have been busy alchemizing any & all dark energy, by the power of Almighty God: ‘Twas DARK is NOW LIGHT. And it is done. ✝️🔮❤️☮️🇺🇸🌎 P.S. We also decode comms.😉 now do russia Western Terrorists
Source: CNN - 🏆 4. / 95 Read more »
Bill targeting banks over China's Hong Kong law passes U.S. SenateThe U.S. Senate unanimously approved legislation on Thursday to penalize banks doing business with Chinese officials who implement Beijing's draconian new national security law on Hong Kong, sending it to the White House for President Donald Trump's signature. Love you America. No other country did This has become a forum, completely unacceptable. Violence. A complete disregard for a virus that is killing people. Is there a list of which banks are targeted?
Source: Reuters - 🏆 2. / 97 Read more »
China’s draconian security law for Hong Kong buries one country, two systemsHong Kong's new national-security law is one of the biggest assaults on a liberal society since the second world war Lmao more bad takes from the wicked white man media 이제 시간이 끝났습니다. 코로나를 정확하게 성취하셨습니다. 2차한국전쟁 예언도 곧 성취됩니다. 성경에 기록된 7년 대환란이 일어납니다. 코로나와 메뚜기떼는 그 신호입니다. 마지막 말씀일수있습니다. GloriousMidweekService shame on you！
Source: TheEconomist - 🏆 6. / 92 Read more »
Hong Kong police arrest more than 300 protesting China's 'birthday gift' of security lawHong Kong police fired water cannon and tear gas and arrested more than 300 people on Wednesday as protesters took to the streets in defiance of sweeping security legislation introduced by China to snuff out dissent. We should be standing with Hong Kong. Donald Trump is the most evil President ever. A bad omen 😔
Source: Reuters - 🏆 2. / 97 Read more »