US Senators Introduce Bill to Restrict Huawei’s Access to American Banks

US Senators Introduce Bill to Restrict Huawei’s Access to American Banks
A man wearing a mask sits near a Huawei store logo in Beijing, China, on July 31, 2020. Ng Han Guan/AP Photo
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A bipartisan group of U.S. lawmakers have introduced a bill to ban Chinese tech company Huawei and CCP owned 5G companies from accessing the American banking system to prevent espionage.

The bill, co-sponsored by Sen. Tom Cotton (R-Ark.) and Sen. Chris Van Hollen (D-Md.) with the backing of fellow senators like Senate Majority Leader Chuck Schumer, (D-N.Y.), would “severely sanction” Huawei and other “untrustworthy” China-based 5G producers who have been accused of conducting acts of economic espionage in the United States.
Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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