The Bureau of Industry and Security appears to be making good on its pledge to step up export control enforcement to protect sensitive American technology from China, two former U.S. government officials said Oct. 15.
Marc Selinger
Marc Selinger, Assistant Editor, is the congressional reporter for Export Compliance Daily, which he joined in December 2023. He previously wrote for a variety of defense publications, highlights of which included covering the Paris and Farnborough (UK) air shows and touring the Israeli defense industry. His first full-time journalism job involved reporting on local government, schools and police news for a community newspaper in Michigan. He is on X at @marcselinger and on LinkedIn at https://www.linkedin.com/in/marc-selinger-315089173/.
Western policymakers should sharpen their approach to economic sanctions to avoid the kinds of mistakes that have limited the impact of such measures against Russia, according to a recent paper released by the Brookings Institution.
The EU's Deforestation Regulation (EUDR), which could take effect for some companies Dec. 30, may violate World Trade Organization rules and should be modified to ensure it's compliant, according to a new policy brief released by the European Center for International Political Economy (ECIPE).
A bipartisan group of seven senators led by Sen. Kyrsten Sinema, I-Ariz., urged the Biden administration last week to speed up implementation of new Iran sanctions laws, including a measure aimed at curbing the country’s oil revenue.
TD Bank has agreed to pay about $3.1 billion in penalties to resolve allegations that its lax adherence to anti-money laundering laws allowed perpetrators of drug and human trafficking and terrorist financing to access the U.S. financial system, the bank, along with DOJ and the Treasury Department, announced Oct. 10.
House Foreign Affairs Committee leaders reacted differently to the sanctions the Biden administration announced this week against Algoney Hamdan Daglo Musa, the procurement director of Sudan's Rapid Support Forces (RSF) militia group, which is fighting the Sudanese Armed Forces.
Rep. Chris Smith, R-N.J., a senior member of the House Foreign Affairs Committee, urged the Biden administration late Oct. 7 to impose “robust” sanctions on the leaders of Sudan’s two warring parties for what his office called “gross violations of internationally recognized human rights.”
House Foreign Affairs Committee Chairman Michael McCaul, R-Texas, said last week he welcomes a renewed call by House Speaker Mike Johnson, R-La., to pass legislation restricting outbound investment in China. McCaul tweeted that he will help Johnson “get these efforts across the finish line.”
House Foreign Affairs Committee Chairman Michael McCaul, R-Texas, urged the Biden administration last week to stop blocking the transfer of 2,000-pound bombs to Israel, saying such large weapons are “operationally necessary” to strike deeply buried bunkers and tunnels used by Israel's enemies.
A bipartisan group of four senators announced this week that they will introduce a bill that would require the Biden administration to develop a “comprehensive strategy” to use sanctions and other tools to protect civilians from Sudan’s "brutal" civil war.