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Hoosier State Today

Tuesday, November 5, 2024

Banks introduces five bills against Chineses Communist Party

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Rep. Jim Banks | Facebook

Rep. Jim Banks | Facebook

Rep. Jim Banks (R-IN), a former member of the House China Task Force in the 116th Congress, and newly elected chairman of the Republican Study Committee has recently introduced several pieces of legislation to counter the Chinese Communist Party.

“We’ve made countering communist China a platform of the Republican Study Committee for the first time, under my leadership,” Banks told The Epoch Times. “It deserves our attention, and as the largest caucus, our members understand this is the greatest threat that we face and that we have to confront it.”

The Epoch Times reported that there will be more bills focused on “confronting the China threat and holding the Biden administration accountable for weak policies on China.”

Banks introduced five bills including the “Stop Funding the PLA Act,” which will protect U.S. investments from flowing to China’s military-industrial base; “Placing restrictions on acquisitions by the People’s Republic of China,” empowers the Committee on Foreign Investment in the United States (CFIUS) to prevent predatory investments of American companies by the Chinese government; “Online Consumer Protection Act,” prohibits the download of an application or software from a country that poses a national security risk to the United States; “Safe Career Transitions for Intelligence and National Security Professionals Act,” restricts the ability of national security professionals to work for certain foreign-government backed organizations; “Protect Our Universities Act,” prevents foreign espionage against the country’s most sensitive academic research.

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