Wall Street Funding Blacklisted Chinese Companies: House Committee Probe
‘Americans’ hard-earned savings and retirement funds are supporting the military advancement of a foreign adversary,’ according to the committee’s report. American investors are unintentionally funding Chinese companies embargoed for their association with China’s military or alleged human rights abuses, a congressional committee probe has found. Chairman Mike Gallagher (R-Wis.) and Ranking Member Raja Krishnamoorthi (D-Ill.)