Citing economic and national security concerns, a panel of experts called on lawmakers Jan. 14 to overturn the Trump administration’s decision last month to allow Nvidia to export its H200 AI chips to China (see 2512080059).
The Treasury Department plans to release a request for information “soon” to get feedback on how the Committee on Foreign Investment in the U.S. can ensure its new fast-track process for certain deals is as efficient as possible, CFIUS’s overseer told a congressional panel Jan. 14.
The House voted 369-22 late Jan. 12 to pass the Remote Access Security Act, which aims to close a “loophole” that allows China to use cloud service providers to access advanced U.S. chips remotely.
Reps. Jefferson Shreve, R-Ind., and Sydney Kamlager-Dove, D-Calif., introduced a bill Jan. 9 aimed at bolstering the technical staffing of the Bureau of Industry and Security.
The U.S.'s recent repeal of the Caesar Syria Civilian Protection Act of 2019 “will be a significant step towards greater investment and economic activity” in the war-torn country, but challenges persist more than a year after the ouster of President Bashar Assad, a trade lawyer said in an interview Jan. 8.
House and Senate negotiators unveiled a compromise FY 2026 Commerce-Justice-Science appropriations bill Jan. 5 that would provide $235 million for the Bureau of Industry and Security, up $44 million, or 23%, from the FY 2025 enacted level.
The recent introduction of several bills to restrict foreign sales of computing chips shows that lawmakers are eager to legislate on the issue but haven't yet reached agreement on how to do so, Morgan Lewis trade lawyer Mike Huneke said in an interview.
The U.S. government is taking several steps to curb the transfer of U.S. firearms to drug cartels and other violent groups in Mexico, a State Department official told a congressional panel last week.
A bipartisan group of House members led by Foreign Affairs Committee ranking member Gregory Meeks, D-N.Y., and Rep. Brian Fitzpatrick, R-Pa., co-chair of the Congressional Ukraine Caucus, introduced a compromise Russia sanctions bill Dec. 18 that they hammered out through a flurry of year-end negotiations.
House Foreign Affairs Committee Chairman Brian Mast, R-Fla., led six other House Republicans in introducing a bill Dec. 18 that would increase congressional oversight of exports of advanced AI chips to China and other “countries of concern.”