OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

DAINES, COLLEAGUES SOUND ALARM ON CHINA'S DOMINANCE IN GLOBAL PAYMENTS MARKET

Press Release

Date: Oct. 27, 2023
Location: U.S. Senate
Issues: Finance and Banking Foreign Affairs

"The Chinese Communist Party's (CCP) ongoing efforts to expand its footprint in the United States' ("U.S.") financial system and the global payments market…undermine U.S. foreign policy, threaten Americans' sensitive financial and consumer data privacy, and violate international trade practices. Efforts by the CCP to infiltrate the U.S. financial system must be met with extreme scrutiny."


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