An anti-China advocacy group that includes former White House adviser Steve Bannon is calling on the Trump administration to exclude Chinese companies from U.S. financial markets, as the White House studies new ways to crack down on China.
In a letter dated Thursday, The Committee on the Present Danger: China urged Treasury Secretary Steven Mnuchin to make the move in light of a recent Senate report that found deficient oversight of Chinese state-owned telecoms companies operating in the United States.It also comes after U.S. President Donald Trump tasked a working group on financial markets, which includes Mnuchin, with studying U.S.-listed Chinese companies with an eye to protect American investors.
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