{"database": "press", "table": "releases", "rows": [["https://barr.house.gov/press-releases?ID=68DC7A75-3E7D-444C-9138-A615F28DAE3C", "Barr\u2019s Bill to Stop The Financing of China\u2019s Military-Industrial Complex Moves Out of Committee", "2023-09-20", "2023", "2023-09", "Republican", "House", "KY", "Andy Barr", "B001282", "barr.house.gov", "barr", "https://barr.house.gov/press-releases", "scraper", "Washington, DC \u2014 Today, Congressman Andy Barr\u2019s (KY-06) bipartisan legislation, the Chinese Military and Surveillance Company Sanctions Act of 2023, passed unanimously out of the House Financial Services Committee.\n\nThe Chinese Military and Surveillance Company Sanctions Act is a vital and comprehensive measure to safeguard global interests. Under this proposed legislation, the President would be required to sanction Chinese entities that are crucial to China\u2019s defense and surveillance technology sectors. Unlike standard investment restrictions, these comprehensive sanctions would prohibit nearly all economic interactions with blacklisted firms.\n\n\"In the face of the CCP's unambiguous ambitions to reshape the global order, the 'Chinese Military and Surveillance Company Sanctions Act' stands as a crucial tool to cut off financing to PRC firms threatening U.S. national security\u201d, said Congressman Barr. \u201cThis bill targets the very core of China\u2019s military-industrial prowess, ensuring that firms integral to their defense and surveillance capabilities are isolated from the global financial system. In a world with intricate economic ties and challenges, this bill utilizes tested sanctions authorities that are targeted but effective while also providing \u2018red light, green light\u2019 clarity to global investors.\u201d\n\n\u201cThere is a lot of tough talk on China in Washington, but the House Financial Services Committee is walking the walk. Today, we advanced Congressman Barr\u2019s Chinese Military and Surveillance Company Sanctions Act\u2014the strongest measure ever considered by the House to target the Chinese Communist Party\u2019s military-industrial complex\u2014with bipartisan support. This bill limits China\u2019s ability to wage war by cutting off funding and technology from bad actors using our most effective time-tested tool\u2014sanctions. I\u2019m proud to support Congressman Barr\u2019s bill to confront the generational threat posed by the CCP without sacrificing core American values.\u201d \u2013 Chairman Patrick McHenry (NC-10)\n\n\"China and Russia have enjoyed relatively unfettered access to U.S. capital markets. Both countries have essentially shrugged off past half-measures and continued operating with near impunity. Mr. Barr's sanctions represent thoughtful, direct action to hamstring companies involved in these military-industrial complexes and dissuade the global community from funding their atrocities. I am proud to support this impactful legislation.\"- Congressman Blaine Luetkemeyer (MO-03)\n\nH.R. 760 is cosponsored by Rep. Luetkemeyer (R-MO-3), Rep. Dunn (R-FL-2), Rep Wittman (R-VA-1), Rep. Hinson (R-IA-2), Rep. Moolenaar (R-MI-2), Rep. Sherman (D-CA-32), and Rep. Scott (D-GA-13)\n\n###", 1, "2026-03-30T01:40:41Z", "2026-04-08T00:37:48Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://barr.house.gov/press-releases?ID=68DC7A75-3E7D-444C-9138-A615F28DAE3C"], "units": {}, "query_ms": 1.5546679496765137, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}