WASHINGTON—In his final weeks in office, President Donald Trump and his Cabinet members took swift actions to ban investments in large Chinese companies, a major step in curbing Beijing’s access to lucrative U.S. capital markets. The administration has banned investing in 44 companies identified by the U.S. Department of Defense as “Communist Chinese military companies.” U.S. investors will have to…
DOJ, DHS, Pentagon Watchdogs Reviewing Jan. 6 Capitol Breach
The Justice Department’s Inspector General’s office and the Department of Defense’s internal watchdog will investigate how the agency and law enforcement agencies prepared for and responded to the U.S. Capitol breach on Jan. 6, according to officials in an announcement. DOJ Inspector General Michael Horowitz confirmed on Friday that his office will review and “examine the…
Pentagon Names 9 New Chinese Companies With Ties to Chinese Military
The U.S. Department of Defense on Jan. 14 added nine Chinese companies to a growing list of companies with ties to the Chinese military. Among the nine companies were cellphone maker Xiaomi, semiconductor equipment maker Advanced Micro-Fabrication Equipment (AMEC), chip designer GOWIN Semiconductor, state-owned China National Aviation Holding, and aircraft manufacturer Commercial Aircraft Corporation of…
Lone Aircraft Carrier to Remain in Middle East Following Iran Threats: Pentagon
The Pentagon announced Sunday that the single U.S. Navy aircraft carrier in the Middle East, the USS Nimitz, will remain on duty in the region amid heightened tensions with Iran. It marks an abrupt reversal after acting defense secretary Christopher Milller said last week that he was sending the vessel home, a move that had…
180-Day Countdown to Declassification of UFO Information Concealed Inside New Spending Bill
The passing of a $2.3 trillion CCP virus relief and government spending bill on Dec. 28 triggered a 180 day countdown for the Pentagon’s UAP (Unidentified Aerial Phenomena) Task Force to release declassified information to the Senate Intelligence Committee about their current intelligence on advanced aerial threats from UFOs or “anomalous aerial vehicles.” “The newly…
Pentagon Disputes Biden’s Claim on Obstruction of Transition Efforts
Acting Secretary of Defense Christopher Miller on Dec. 28 denied an allegation by former Vice President Joe Biden who said earlier on the same day that the Pentagon is obstructing the transition process to the hypothetical Biden administration. Biden said on Monday that his team has “encountered obstruction” from the Department of Defense (DOD). “We need…
Trump Administration Toughens Ban on Investment in Chinese Military Companies
WASHINGTON—The Treasury Department on Dec. 28 released guidance for investors about the president’s new executive order that bans investment in companies with ties to the Chinese military. The guidelines clarify that the ban will include subsidiaries of all Chinese firms in the Pentagon’s blacklist, handing a clear win to national security advocates. The notice came…
Trump Administration Tightens Ban on Investment in Chinese Military Companies
WASHINGTON—The Treasury Department on Dec. 28 released guidance for investors about the president’s new executive order that bans investment in companies with ties to the Chinese military. The guidelines clarify that the ban will include subsidiaries of all Chinese firms in the Pentagon’s blacklist, handing a clear win to national security advocates. The notice came…
Biden: Defense Department Obstructing Transition Team
Democratic presidential nominee Joe Biden on Monday accused the Department of Defense of obstructing his transition team, prompting a response from the Pentagon that challenged the claim. “For some agencies, our teams received exemplary cooperation from the career staff in those agencies. From others, most notably the Department of Defense, we encountered obstruction from the…
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