Tag: pcaob

Marco Rubio Wants More Oversight for Chinese IPOs

Last week, U.S. Sen. Marco Rubio, R-Fla., introduced a bill “to prohibit initial public offerings (IPOs) on U.S. exchanges for Chinese companies that are out of compliance with U.S. regulators.”

Michael Waltz Brings Out House Version of Taxpayers and Savers Protection Act

Earlier this month, Rubio brought back the “Taxpayers and Savers Protection (TSP) Act” with the support of Scott and U.S. Sens. Jeanne Shaheen, D-NH, and Todd Young, R-Ind. The bill will ensure the Federal Retirement Thrift Investment Board (FRTIB) will not send federal retirement savings to China. Rubio first introduced the bill at the end of last year.
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Marco Rubio, Rick Scott, Michael Waltz Want to Make Sure Federal Retirements Not Controlled...

Last week, Rubio brought back the “Taxpayers and Savers Protection (TSP) Act” with the support of Scott and U.S. Sens. Jeanne Shaheen, D-NH, and Todd Young, R-Ind. The bill will ensure the Federal Retirement Thrift Investment Board (FRTIB) will not send federal retirement savings to China. Rubio first introduced the bill at the end of last year.

Florida’s Senators Welcome SEC Putting More Pressure on Chinese Companies

Fortune offered some of the details on what the SEC’s plans are. 

Marco Rubio Introduces Bill to Keep Chinese Military Companies From Accessing American Capital Markets

Rubio’s office noted that the proposal “would prohibit malign Chinese companies — including the parent, subsidiary, affiliate, or a controlling entity — that are listed on the U.S. Department of Commerce Entity List or the U.S. Department of Defense list of Communist Chinese military companies from accessing U.S. capital markets.”

Florida’s Senators Call on Banking Committee to Take Up Equitable Act

The legislation would increase oversight of Chinese and other foreign companies listed on American exchanges and delist firms that are out of compliance with U.S. regulations for a period of three years. Rubio previewed the legislation last year in an op-ed in the Wall Street Journal.

Marco Rubio Backs White House’s Efforts to Ensure Federal Retirement Savings Not Funding Chinese...

Rubio and U.S. Sen. Jeanne Shaheen, D-NH, backed the decision, noting that TSP funds include “retirement assets of federal government employees, including members of the U.S. Armed Forces.”

Marco Rubio, Rick Scott Want to Ensure Federal Retirement Savings Not Funding Chinese Government

This week, with U.S. Sen. Jeanne Shaheen, D-NH, as the main cosponsor, Rubio brought out the “Taxpayers and Savers Protection (TSP) Act” to ensure the Federal Retirement Thrift Investment Board (FRTIB) will not send federal retirement savings to China.
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