Commerce secretary's husband exercises stock options in tech company linked to Chinese government

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Husband to Commerce Secretary Gina Raimondo has deepened his financial investment in the artificial intelligence company PathAI – a business that has raised eyebrows as it is backed by a company with deep ties to the Chinese Communist Party (CCP).

an espionage program that facilitates "the legal and illicit transfer of U.S. technology, intellectual property and know-how to China."that said the firm was linked the China’s controversial "Made in China 2025" scheme.

"When did you first become aware of PathAI’s direct ties to the CCP?" is among the questions posed by House Energy and Commerce Committee Republican Leader Cathy McMorris Rodgers, R-Wash, Consumer Protection and Commerce Subcommittee Republican Leader Gus Bilirakis, R-Fla., and Oversight and Investigations Subcommittee Republican Leader Morgan Griffith, R-Va.

Raimondo has yet to formally respond to the lawmakers' questions, but a source close to the matter told Fox News Digital that the secretary is working on her responses and will answer the questions imminently. "The Secretary’s husband’s employer – and the matters she would recuse from because of where he works – were disclosed to Department of Commerce career ethics officials, career officials at the Office of Government Ethics, and the U.S. Senate prior to her confirmation," the spokeswoman added. "The ethics officials approved the arrangements and a bipartisan majority of the U.S. Senate confirmed the Secretary.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Again we see the corruption and back deals and still do nothing. We deserve to be taken over. We are a lazy country.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Big tech’s 2021 earnings were off the chartTech companies had their biggest year ever in 2021. They should increase spending to eliminate poverty and increase spending for research and development programs as well Please stop sharing these multiple times
Source: verge - 🏆 94. / 67 Read more »

Utah-based Clearlink under new management after partial purchase by Provo investment firmClarke Capital Partners, a Provo investment firm, purchased a large stake in Utah tech company Clearlink. 👀
Source: KSLcom - 🏆 549. / 51 Read more »

San Jose office and research complex lands buyer in sale by tech companyA big San Jose office complex has been bought by a real estate company, a property deal that enables the company to lease space from the new owner on a long-term basis. Reporter Gary Webb Was Murdered.
Source: mercnews - 🏆 88. / 68 Read more »