Threat to remove Chinese firms from Wall Street is now on Trump's desk

  • 📰 CNN
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

United States Headlines News

United States Latest News,United States Headlines

The House of Representatives on Wednesday passed a bill that would prevent companies that refuse to open their books to US accounting regulators from trading on US stock exchanges

Hong Kong The US government is just one step away from enacting a law that could kick several Chinese firms off Wall Street, further escalating tensions between Washington and Beijing.

. The legislation won unanimous backing in the Senate earlier this year, meaning it only needs President Donald Trump's signature to become law.The bill would apply to any foreign company, but the focus on China is obvious. Beijing has resisted such scrutiny. It requires companies that are traded overseas to hold their audit papers in mainland China, where they cannot be examined by foreign agencies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How about passing a bill for a stimulus relief fund for us Americans

Please sign the petition! Justice shall be done!

Well wholly shit Batman. I’m pretty sure realDonaldTrump said this 9 months ago. cnnsucks saltyarmy

Let’s see members of Congress open their books. This a joke.

But yet, we are still waiting for Trump to open his books and hand over his tax returns!!!

Billie Eilish Teaching, How to use your BOOBS to wake up your DOG Learn here:

What cnn finally admitting that China are communist liars. Wow. TwitterSupport have factchecked this? Only 9 months late ya muppets

Who wants subversion?

Good idea, maybe individuals who refuse to open their “books” should be prevented from running for public positions.

defo not a Trump supporters but 'would prevent companies that refuse to open their books to US accounting regulators' it seems pretty legit to me

Let’s stop them from buying our land first.

40 years over due. Ketchup

Hey there,would you love to make daily income from trading cryptocurrency/forex or you'd love to get into the crypto scope but don't know how to,send jackharperfx a DM he will help you get started

You’re absolutely right Mr. President. POTUS I don’t know what this country would do without you . Sleepy joe is off his rocker is he thinks he’s taking your seat .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden’s Wall Street backers face new threat from WarrenPrivate equity firms went all out for Joe Biden in the 2020 election, giving his campaign six times more money than they donated to President Donald Trump. That’s not going to do them much good with progressive Democrats in Congress. Its not a threat from Warren its a promise . Time for the richie rich's to pay their fair share of taxes for once . Markets like stability. They can dodge progressive bullets.
Source: politico - 🏆 381. / 59 Read more »

Huwawei among Chinese firms listed as posing threat to US national securityA roster of companies compiled by the FCC and the Homeland Security Bureau that pose 'an unacceptable risk' to US national security included Huawei Technologies; ZTE; Hytera Communications; Hangzhou Hikvision Digital Technology, and Dahua Technology. Good..usa understands They do seem to update my phone regularly changing their terms and conditions, if I had any secrets I wouldn't be slightly worried 🤔🙂✌️🙏🇬🇧🇨🇳
Source: trtworld - 🏆 101. / 63 Read more »

Five Chinese companies pose threat to U.S. national security: FCCThe Federal Communications Commission (FCC) on Friday designated five Chinese companies as posing a threat to national security under a 2019 law aimed at protecting U.S. communications networks. Only five? 🙄 More than that, but they're Joe's friends, so hands off! Only five ? Wake up !
Source: Reuters - 🏆 2. / 97 Read more »

Haines calls Chinese counterintelligence threat a top priorityU.S. President-elect Joe Biden's nominee to be the Director of National Intelligence said on Wednesday countering the Chinese counterintelligence threat and foreign influence operations more generally would be top priorities. Is this true?! Hanes
Source: Reuters - 🏆 2. / 97 Read more »

Haines calls Chinese counterintelligence threat a top priorityU.S. President-elect Joe Biden's nominee to be the Director of National Intelligence said on Wednesday countering the Chinese counterintelligence threat and foreign influence operations more generally would be top priorities.
Source: Reuters - 🏆 2. / 97 Read more »