The U.S. should maintain and strengthen export restrictions on advanced chips and semiconductor manufacturing equipment to preserve its edge over China in AI, a panel of experts told lawmakers Dec. 2.
The Senate Appropriations Committee unveiled an FY 2026 financial services and general government appropriations bill Nov. 24 that would fully fund the Trump administration’s request for the Committee on Foreign Investment in the U.S. and the Treasury Department’s Office of Terrorism and Financial Intelligence.
A proposal to require U.S. manufacturers of advanced AI chips to make their products available to American firms before selling them to China is unlikely to make it into the final FY 2026 National Defense Authorization Act (NDAA), but it could advance later as stand-alone legislation, a key lawmaker said Dec. 2.
Rep. Brian Fitzpatrick, R-Pa., said Nov. 21 that he plans to file a discharge petition to force a House vote on a bill to impose additional sanctions on Russia and new tariffs on countries that buy its oil and gas.
Sen. Rick Scott, R-Fla., and Senate Banking Committee ranking member Elizabeth Warren, D-Mass., introduced a bill last week that would require the Bureau of Industry and Security to conduct a competitive market review of applications to export items to entities on the agency’s Entity List.
The U.S. should work with its allies to increase export restrictions on semiconductor manufacturing equipment (SME), components and services to limit China’s ability to make computing chips, former government officials told lawmakers Nov. 20.
The U.S. has imposed plenty of sanctions on bad actors in Myanmar in recent years but should do more to enforce those measures and coordinate them with its allies, a Southeast Asia expert told lawmakers Nov. 19.
Rep. Bill Huizenga, R-Mich., who chairs the House Foreign Affairs Subcommittee on South and Central Asia, which oversees the Bureau of Industry and Security, introduced a bill Nov. 17 to promote multilateral coordination on export controls for chipmaking equipment.
Rep. Julie Johnson, D-Texas, a member of the House Foreign Affairs Subcommittee on South and Central Asia, which oversees the Bureau of Industry and Security, said Nov. 20 that she’s concerned that recent personnel departures at BIS have caused a “talent drain” at the export control agency.
The U.S. government’s “economic statecraft” tools, including export controls and sanctions, are “fragmented” across multiple agencies, and Congress should consider consolidating them into a single entity to increase coordination, focus and accountability, the congressionally mandated U.S.-China Economic and Security Review Commission said in its new 2025 annual report.