Senator Renews Bill to Ban Owning Securities of Sanctioned Chinese Firms
Sen. Pete Ricketts, R-Neb., reintroduced legislation June 12 aimed at curbing U.S. investment in China. One bill would prohibit Americans from owning the publicly traded securities of U.S.-sanctioned companies, while another would bar index mutual funds from holding Chinese stocks.…
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Both bills, which Ricketts previously introduced in the last Congress (see 2409270021), were referred to the Senate Banking Committee.