The objective is stronger competition with China. With a large bipartisan majority, the Senate on Wednesday passed a $280 billion bill to subsidize the domestic microchip manufacturing industry…
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Federal Reserve Target of Chinese Spy Program
Senator Portman warns of economic espionage. Senator Rob Portman of Ohio released a minority staff report for the Homeland Security and Government Affairs Committee that details how the…
Read MoreBipartisan Legislators Warn of Emerging Bioweapons
They urge legislation to support personal privacy and food security. Representative Jason Crow of Colorado stated at last week’s Aspen Security Summit that Russia and China are developing…
Read MoreHouse Votes to Sell Reserve Oil to China
Strategic Petroleum Reserve is at its lowest since 1985. While average gas prices at the pump have decreased from their $5 peak, gasoline is still significantly more expensive…
Read MoreChairman of Joint Chiefs Orders US-China Review
Seeks detailed understanding of all interactions This past week, Chairman of the Joint Chiefs of Staff General Mark Milley ordered a formal review be conducted into all military…
Read MoreSecretary Yellen Calls for Less Reliance on Chinese Trade
Supports strengthening supply chain with allies. The Department of the Treasury released excerpts from a speech that Treasury Secretary Janet Yellen gave in South Korea on Tuesday. The…
Read MoreSpeaker’s Planned Taiwan Visit Elicits Warning from China
Beijing threatens “resolute and strong measures.” House of Representatives Speaker Nancy Pelosi is due to visit Taiwan in August. She was originally scheduled to visit the island nation…
Read MoreTwo U.S. Hypersonic Missile Tests Succeed
Hypersonic weapon development is a Pentagon priority. The Department of Defense announced that it has successfully conducted two hypersonic missile systems tests. The Air Force said that it successfully conducted…
Read MoreSecretary Blinken Calls Chinese Support of Russia Concerning
His recent meeting with the Chinese foreign minister did not resolve tensions. Secretary of State Antony Blinken visited with Chinese Foreign Minister Wang Yi in Indonesia this past…
Read MoreFBI Director Says Biggest Long-Term Threat is China
U.S. and UK intelligence leaders agree that Beijing utilizes every spying tool. The heads of the FBI and MI5 warned that China’s industrial espionage poses a growing threat…
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