The Senate confirmed Alan Estevez to be the next undersecretary of the Bureau of Industry and Security March 31, marking the end of a monthslong nomination process and giving BIS its first confirmed leader in more than five years (see 2104070026 and 2107130004). Estevez will take over BIS at a critical time for the agency, which in recent weeks has been tasked with crafting and implementing hundreds of pages of new export control regulations to penalize Russia for its war in Ukraine.
Senators on the committee that oversees trade pressed U.S. Trade Representative Katherine Tai repeatedly on why the administration isn't engaged in negotiations with other countries to get them to lower their tariffs, so that U. S.exporters, particularly agricultural producers, can gain more market share. Both Democrats and Republicans questioned the decision to pursue the Indo-Pacific Economic Framework as something other than a traditional free trade agreement.
The House should add stronger sanctions measures to the Russia-related bills recently passed out of the Financial Services Committee (see 2203180021), including more serious capital market and investment penalties, the Coalition for a Prosperous America said in a March 29 letter to Speaker Nancy Pelosi, D-Calif.
During a hearing with the House Ways and Means Committee March 30, U.S. Trade Representative Katherine Tai was asked by many Republicans and a few Democrats why the administration has ruled out cutting tariffs to convince negotiating partners in Asia to open their markets, and why it has shied away from continuing free trade agreement negotiations started during the previous administration.
The top Republican on the House Foreign Affairs Committee is asking the Biden administration for more information on Russia's ability to use digital currencies to evade sanctions. The director of national intelligence should say whether there are “any indications” Russia is using digital assets to evade sanctions, said Rep. Michael McCaul, R-Texas, including whether Russian oligarchs and officials are turning to cryptocurrency.
The Commerce Department should add ZTE to its Entity List now that its five-year probation period and U.S. criminal case has ended, Sen. Marco Rubio, R-Fla., said in a March 28 letter to Commerce and Justice departments. Rubio also expressed “disappointment and concern” that a U.S. court this month ruled against further penalties against the Chinese telecommunications company (see 2203240060) despite “credible evidence” that ZTE violated its probation. Rubio said the judge in the case “appeared unconvinced of any serious commitment to reform” by ZTE officials.
Sen. John Thune, the South Dakota Republican who serves as his party's top vote-counter, told reporters at the Capitol that a bill to remove permanent normal trade relations status from Russia is stalled in the Senate over one Republican's disagreement on the Magnitsky Act renewal. He said that Democrats are negotiating with Sen. Rand Paul, R-Ky., on the language he wants regarding the Magnitsky Act. "They're still trying to negotiate, and hopefully they'll be able to find a path forward, but as of right now, it's hung up, and I don't see that busting loose this week, and next week is the Supreme Court [nomination vote], so it doesn't look like anything's likely to happen on that until after the Easter break."
With a vote that sends its U.S. Innovation and Competition Act back to the House, the Senate moved the two chambers' China packages one step closer to a legislative conference to align the bills. The 68-28 vote came late March 28.
Sen. Marco Rubio, R-Fla., and five fellow Republicans introduced legislation March 25 to renew the Global Magnitsky Human Rights Accountability Act until the end of December 2034. The current law's expiration date is the end of this year. The Magnitsky Act provides authority to impose sanctions on individuals responsible for human rights violations.
Sen. Marco Rubio, R-Fla., introduced a bill March 24 that would give the administration the authority to sanction foreigners that create space debris without notifying the U.S government. "The bill would include exceptions for instances in which the foreign entity has been acting within a civil space cooperation agreement with the United States or has been working in compliance with United Nations law enforcement objectives, as well as for the importation of goods," his press release said.