Tue, December 24, 2024
[ Tue, Dec 24th 2024 ]: Castanet
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[ Tue, Dec 24th 2024 ]: legit
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[ Tue, Dec 24th 2024 ]: MSN
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House Democrats Claims Musk's Interests In China .. ing Of U.S. Investment Regulation In Funding Bill
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Thu, December 19, 2024
[ Thu, Dec 19th 2024 ]: Dallas Morning News
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[ Thu, Dec 19th 2024 ]: USA Today
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[ Thu, Dec 19th 2024 ]: MSN
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[ Thu, Dec 19th 2024 ]: Philadelphia Inquirer
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[ Thu, Dec 19th 2024 ]: Detroit News
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[ Thu, Dec 19th 2024 ]: The Courier-Journal
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[ Thu, Dec 19th 2024 ]: Austin American-Statesman
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[ Thu, Dec 19th 2024 ]: CBS News
How Trump and Elon Musk derailed bipartisan plans for a funding bill, bringing on risk of shutdown

House Democrats Claims Musk's Interests In China Led To Scrapping Of U.S. Investment Regulation In Funding Bill

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House Democrats Jim McGovern and Rosa DeLauro have accused Republicans of bowing to Elon Musk's influence, leading to removing a provision in a bipartisan government funding bill that aimed to regulate U.
The article discusses claims made by House Democrats that Elon Musk's business interests in China influenced the decision to scrap a U.S. investment regulation in a recent funding bill. According to the report, the regulation in question was intended to oversee U.S. investments in Chinese technology sectors, particularly in areas like semiconductors, AI, and quantum computing. Democrats argue that this move could compromise national security by allowing unchecked investments that might benefit Chinese technological advancements at the expense of U.S. interests. They suggest that Musk's companies, which have significant operations in China, might have lobbied for the removal of these regulations to protect their business interests. This has sparked a debate on the influence of corporate lobbying on national security policies and the potential risks of foreign economic dependencies.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/news/politics/house-democrats-claims-musk-s-interests-in-china-led-to-scrapping-of-u-s-investment-regulation-in-funding-bill/vi-AA1wnQ5T ]