This Congressional Update provides details about important new news from the U.S. Senate and the U.S. House of Representatives.

Finally, Congress is moving forward will action that will reign in the Communist Chinese Party's (CCP) efforts to take over key industries in America.
 
 This week's U.S. Senate Update - The U.S. Senate has bi-partisan concerns about hundreds of billions  (hundreds of billions) of Chinese Communist Party (CCP) money flowing into American stock exchanges. This money is unregulated and the CCP has refused to provide audit details since 2000. American companies are in no way allowed to do this.

The Senate passed a bipartisan bill that would require all CCP and mainland Chinese companies (the CCP controls ALL mainland Chinese companies) to follow the rules and laws that U.S. companies are required by law to follow. The same bill has been included in a bill introduced by Democrats to the House.    Bi-partisan...such nice words.
Hopefully, this bill will pass in the Senate.

I have a simple question - How have past administrations and Congress allowed the CCP Chinese companies get away with this up until now (assuming the bill passes in the House)?

Politicians act like this is all new, news. Not so. They have all been up in the necks in this situation since 2000.

 This week House of Representatives Update - A bill was presented to the House by Rep. Doug Collins (R) titled the COVID-19 Accountability Act. The bill is co-sponsored by over 30 Senators. All Republican. 
 
 This bill puts certain restrictions on what can be purchased for the national stockpile and other key components to holding the Chinese Communist Party (CCP) accountable. 

I will discuss this bill and the good and the bad.