{"database": "press", "table": "releases", "rows": [["https://www.sullivan.senate.gov/newsroom/press-releases/sullivan-and-duckworth-introduce-bipartisan-stand-with-taiwan-act-of-2024", "Sullivan & Duckworth Introduce Bipartisan S.T.A.N.D with Taiwan Act of 2024", "2024-07-26", "2024", "2024-07", "Republican", "Senate", "AK", "Dan Sullivan", "S001198", "www.sullivan.senate.gov", "sullivan", "https://www.sullivan.senate.gov/newsroom/press-releases?PageNum_rs=11", "scraper", "WASHINGTON\u2014U.S. Senators Dan Sullivan (R-Alaska) and Tammy Duckworth (D-Ill.), both members of the Senate Armed Services Committee (SASC), today introduced the Sanctions Targeting Aggressors of Neighboring Democracies (STAND) with Taiwan Act of 2024, which would impose devastating, comprehensive economic, energy, financial, and other sanctions on China in the event that the People\u2019s Liberation Army (PLA) initiates military aggression against Taiwan. The suite of sanctions includes the targeting of Chinese Communist Party (CCP) members and Chinese financial institutions and industrial sectors, as well as prohibiting U.S. financial institutions\u2014including investment companies, private equity firms, venture capital firms, or hedge funds\u2014from making any investments in a Chinese entity that benefits or is affiliated with the CCP. The bill would also restrict importation of China-produced goods.\n\n\u201cIn these increasingly dangerous times, it is critical that America show steady, unwavering bipartisan commitment and resolve in support of Taiwan\u2019s democracy,\u201d Senator Sullivan said. \u201cEvery day, the CCP grows bolder and more aggressive in its threats against Taiwan, the United States, and our allies in the Indo-Pacific. We need to enhance cross-strait deterrence now. STAND with Taiwan mandates comprehensive and devastating economic, energy and financial sanctions against the leaders in the Chinese Communist Party if the Chinese People's Liberation Army were to initiate military aggression against Taiwan. I am excited to introduce this bill with Senator Duckworth following our visit to Taiwan earlier this year to reaffirm America\u2019s commitment to this critical democratic partner.\u201d\n\n\u201cI\u2019ve always believed that if America wants to remain a global leader, we have to show up and support our friends like Taiwan\u2014a partner that our nation has strong economic and military ties with\u2014who are facing escalating threats from the People\u2019s Republic of China as they work to strengthen their own democracy,\u201d said Senator Duckworth. \u201cAfter proudly leading a bipartisan delegation with Senator Sullivan to Taiwan earlier this year to demonstrate our strong support for the Taiwanese people, I\u2019m glad to team up with him to help introduce the STAND with Taiwan Act. With this legislation, we\u2019re sending a strong message to our partner and our competitors that we are here for long haul\u2014and we won\u2019t tolerate the kind of unilateral aggression that would endanger a democratic friend and the health and stability of the global economy.\u201d\n\nSenator Sullivan first introduced the STAND with Taiwan Act in 2022. In a meeting with the President of Taiwan during a successful bipartisan congressional delegation visit to Taiwan with Senator Sullivan, Senator Duckworth announced she would join as a sponsor of the bill.\n\n# # #", 1, "2026-03-30T01:40:41Z", "2026-04-06T18:32:29Z"]], "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://www.sullivan.senate.gov/newsroom/press-releases/sullivan-and-duckworth-introduce-bipartisan-stand-with-taiwan-act-of-2024"], "units": {}, "query_ms": 1.3889088295400143, "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"}