Sen. Rick Scott (R-Fla.) participates in the The Operating System for Institutions: Money, Workflows, and AI panel during The Hill & Valley Forum 2026 at Andrew W. Mellon Auditorium in Washington on March 24, 2026. Paul Morigi/Getty Images for The Hill & Valley Forum
WASHINGTON—U.S. lawmakers are introducing legislation that would prohibit American investors from funding companies controlled by Chinese Communist Party (CCP) officials on the U.S. blacklist.
The legislation, shared with The Epoch Times ahead of its release, would direct the Treasury Secretary ​Scott Bessent to add blacklisted Chinese individuals to his department’s Non-SDN Chinese Military-Industrial Complex Companies List (NS-CMIC) within one year of their identification.