pursuant to the 2002 Sarbanes-Oxley Act.
Investor advocates and members of Congress have raised alarm after hundreds of billions of dollars in Chinese equities have poured into U.S. stock exchanges in recent years, even though the country continually refuses U.S. regulators access to inspect their accounting audits. In a letter from National Economic Council Director Larry Kudlow and National Security Adviser Robert O'Brien on the retirement board issue, the White House said investing federal funds in Chinese companies presented both a national security threat as well as an unnecessary economic risk for federal retirees.
China would probably be really interested in seeing Donald Trump audits as well .
They don't mind not having trump audits.
Guess WHAT? The Exchange gets to decide who can be listed, not Congress. DUH?
If you’re investing in equities of Chinese companies you have to know that their numbers are suspect and you have no rights/recourse. There is no private sector their, they get what the CCP permits
Total BS
Shouldnt the Senate be workung on , oh i dont know, maybe the heros bill?
All for settling new precedents when it comes to restrictions on the stock and commodities markets. Only way to save the democracy is going to be by having very transparent investment portfolios, those held by people in government like SecPompeo SenKennedy stevenmnuchin1 🇱🇷
Why does Trump keep pushing this with China? Does Trump have a personal vendetta against this country? Could it be his “Trump trademark” isn’t doing good in China?🤔🧐
Well the POTUS won’t give access to his fiscal records.
I do agree with that. China has always been a trade adversary.
How about passing a covid relief bill for we the people. They've already drained the coffers for corporate welfare.
Seems to me the Senators should leave this responsibility to the US stock exchanges. More Republican govt overreach when they see a personal benefit.
How about allow the American people to see Trump's finances?
Kennedy's creepy.
The Republican Senate is upset and thinks it unfair when financial information is withheld? Did I understand that correctly?
china pull out of trade deal throw ivankas crap out make a stand
Speaking of audits, how about expelling Trump if he continues to deny inspectors access to his tax returns
The epitome of irony, the U.S. government complains about someone flouting the rules.
What happens to Ivanka and impeached forever trademarks?
But President Trump has his Control Juctices blocking his Taxes , because he says they are being Audit for 4 yrs. 😮
That’s a good move. Transparency for investors.
We expect it from all other countries, why not China?
So what’s the strategy here? A few months ago Trump was praising Xi and lauding China’a supposedly great COVID response.
about time.........
Good!
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