Republican senators introduced a series of measures on Wednesday aimed at taking a comprehensive approach to curbing the Chinese Communist Party’s influence in the west.
Sens. Pete Ricketts, R-Neb., and Eric Schmitt, R-Mo., led the introduction of several pieces of legislation in the Senate, all focused on targeting different aspects of China’s involvement in America, including at universities and in the U.S. agricultural sector.
“The CCP is the single greatest threat to America’s national security and financial independence,” Ricketts told Fox News Digital in a statement. “A CCP-led world would mean coercion instead of choice, tyranny instead of liberty, and dictatorship instead of democracy. The only way to combat this threat is with a strong, strategic, all-of-government approach. These bills move us closer to that.”
The Nebraska Republican introduced five bills: to protect domestic food supply chains; to disincentivize university endowments from investing in “adversarial entities”; to prevent tax breaks for investing in Chinese, Russian, Iranian, North Korean, or Belarussian companies; to stop U.S. market participation and ownership in businesses that are sanctioned for human rights violations; and to prohibit index funds from purchasing Chinese stocks.Â
Schmitt also introduced a measure that would bar members of the CCP and their relatives from obtaining student visas to attend American universities.
“The Chinese Communist Party remains our most significant adversary, both militarily and economically. It makes no sense for American universities to continue educating the children and other family members of CCP officials. These more than 100,000 admission slots should go to American students,” Schmitt told Fox News Digital in a statement.Â
“If you are associated with a foreign organization that is actively working to undermine the United States, you should certainly not have the continued privilege of being educated on our college campuses. The Protecting Higher Education from the Chinese Communist Party Act fortunately puts an end to these special privileges.”