, the lawmakers, led by Republicans Sen. Tom Cotton of Arkansas and Rep. Mike Gallagher of Wisconsin, praised the Pentagon for releasing the list and said the U.S. needed to counter China's"parasitic technology transfer efforts."
When asked about the loans, the Treasury Department and the Small Business Administration did not comment specifically on the Chinese subsidiaries and pointed to the general parameters of the PPP loan program. But the Treasury Department spokesperson said the government can direct a lender to deny forgiveness of a loan.
The State Department referred queries to the Treasury Department. The White House national security council did not respond to requests for comment. The loan disclosures come amid growing tensions between China and the Trump administration, which has accused Beijing of initially trying to conceal the extent of the coronavirus outbreak, attempting to hack U.S. research on a COVID-19 vaccine, stealing intellectual property and committing egregious human rights violations in Hong Kong and against Uighurs in the country's west. China denies the allegations.
The rivalry has played out over technology, with the White House lobbying allies to rebuff offers from
Source: News Formal (newsformal.com)
why can’t congressional and government monies just go where we ARE TOLD they will go. Too many wrong people have their greedy, grasping hands out.
Ask Mitch McConnel's wife and trump. Both are connected to the Communist party.
Trump does what Putin tells him to. What is he doing about Putin putting a bounty on dead American soldiers? realDonaldTrump ByeDonJr
I’ve said it before, China is this elections Russia.. everything he says in public is horrible but behind the scenes he’s working with them... think back 4 years ago
Invisible Asians actually have eaten up deeply into the fabrics of America, while tax payers are suffering , their money is being shared to chinese military. Who is responsible for the distributions of this money?
Meanwhile in the South China Sea ....
Distraction?!?! Lmfao
LiftTheTravelBan
The zchinese stock and bond markets have had big gains since the fed began easing/injecting liquidity. Totally disheartening; encumbering struggling middle-class Americans by printing cash, handing it to wealth investors to keep them from bankruptcy, who in turn invest it abroad!
Lmaooo!!!
Drew scrutiny¿. WTF Does that mean? Why arent Mnuchins nuts in an apple corer? marcorubio where is your oversight committee? Are you soon to be outted by trump for a compromising position along with LindseyGrahamSC. Linds you really aren't calling Mueller to testify, are you?
Youch... so tough on China? realDonaldTrump
VirusChino
GOVERNMENTS HAVE TWO PROBLEMS TO SOLVE: ✌ COVID19 AND THE ECONOMY. KEEPING 40 DAYS WOULD STOP THE PANDEMIC NATIONS MUST UNITE AND SOLVE THE ECONOMY.
Just another way to make his cronies more money and rip off the wealth of this country
People in your own country are on the brink of financial ruin and you won’t help them but you’ll help other nations 😱. I just can’t with these people. Take note people come election time if your not homeless go vote them out.
WTF?
Shame!
There once was a grump named Trump Who went out looking for hump But when he got there Putin’s derrière was bare So he settled on Roger Stone’s tiny pump.
But Biden is the Chinese sympathizer! lol
Still think this Administration is tough on China?
Some people will eat anything the liberal owned media feeds them
I thought Trump was tough on China but here he is giving shady Chinese businesses $$$ that coukd have gone to US companies
Trump wants China to interfere with the election so he will win...
JoGonx that's nothing when he dished out ag bailout money for the damage his tariffs did two of the largest pork farms eligible turned out to be owned by chinese companies. let that sink in.
how nice for them. My friends' business is shuttered again, most likely for good. But yay Donald's buddies.
In other news, Presidential hopeful Kanye West's,...(running under the 'Birthday Party')...business also accepted PPP loan.
WT actual F?
GeoffRBennett AND AMERICANS ONLY GET $1200 :))))) IM GOING TO FUCKING JUMP IN THE OCEAN
So let me get this right NBC, u are against China Just want to know. Not sure u can be because u are owned by China 🇨🇳. Fake news!!!!!!!!
First Russia now this! I mean Trump! Really, WTF?! Are you selling our your own damn Country to the Communist? My relatives must be turning cartwheels in their graves!
Nice pic of the handshake by the way. Well chosen. Did you know...that money kept those employees paid? Is this another false flag trying to tie trump to what exactly?.......1/2
No surprise at all. China and Russia are both trying to destroy the US and democracy.
And yet they talk about how they don’t have $ for unemployment!!
Not hard to believe since most everything we need to try to fight the virus comes from China. Maybe that’s why Trump won’t have american companies help make the “PPE” that is so desperately needed! Why is that Trump?
GeoffRBennett Wow, he blames China for everything too.
GAO why wasn’t this caught and stopped? DOJPH SenateGOP what are you guys doing?
🤔
🤦🏻♂️
That's a most unflattering photo of Trump!!! 🤣
2020NYGIANTS Trump talked to the Chinese President about help getting reelected didn't he? Is this his part of the deal? This is POTUS !!!
GeoffRBennett lol
45 and his administration is the worst!
Im sure Obama had set up countless systems like this it would take am army of accountants to track then all down. Congress itself had to originally approve them.
That's traitor trump!
Surprise. Surprise. Surprise.
Why are people supposed to be surprised when a fiscally inefficient govt gives out money to people it's not supposed to? Stupid stuff like this has been going on for like decades now...
And the people who he's supposed to govern are left out in the cold to fend for themselves. Trump and his swamp are unworthy to serve.
Scrutiny or investigation?
Mary J. Blige is one of the most loving and loyal ladies I ever known
Whyyyyyyyyyyy ?
Meantime cities grappling with COVID can't get funding! Thanks GOP like MoscowMitch and SenateGOP
McConnell wife sowing Chaos.
And not to mention Elain Chao (and family) wife of McConnell who got boatloads of PPP
TRUMP LIAR!!!! Blame he Chinese, insult them and give them American taxpayer money. TRAITOR!!!!!!!!!!
Yes and pelosi gave it to her backers also
That will teach them
But we can’t find the schools to keep children safe?
What about Russian bounties
Wow, those Trademarks for Ivanka are expensive.
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