The House Committee on Financial Services holds a hearing on Tuesday titled “Examining Policies to Counter China.” This hearing highlights the challenges posed by China across a range of policy issues, including China’s dominance as an official creditor and its influence in the international financial institutions, energy security, the development of cutting-edge technologies, and illicit fentanyl trafficking. The hearing will examine policy tools to outcompete China through growth, innovation, and cooperation with U.S. allies.
The House of Representatives is expected to vote on a budget blueprint today for carrying out President Donald Trump’s agenda as the outcome of that vote remains uncertain….