A Department of Defense report found that China is exploiting federal programs to steal technology, with the report stating that “China, not the U.S., is the ultimate beneficiary of DoD and other [U. S. Government] research investments,” according to a U.S. senator.
Earlier this year, President Joe Biden boasted that the stock market had hit "record after record after record on my watch, while making things more equitable for working-class people."
Congress’ Democratic leaders are calling on President Biden to take a tougher stand against U.S. investment in China, calling it a national security issue.
House Democrats have released their long-awaited proposal to ban stock trading by members of Congress, senior government officials, and U.S. Supreme Court justices, with the measure seeking to cut conflicts of interest, increase transparency around enforcement, and make penalties for noncompliance more painful.
The move represents a stark contrast to Joe Biden's strategy, as Biden recently requested yet another $13.7 billion in American taxpayer money from Congress to continue funding the Ukrainian side and perpetuate the country's bloody war with Russia.
