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Lawmaker to Reintroduce Bill to Ban Owning Securities of Sanctioned Chinese Firms

Rep. Brad Sherman, D-Calif., said Jan. 22 that he plans to reintroduce a bill to prohibit Americans from owning the publicly traded securities of U.S.-sanctioned companies. Sherman made his comment about the People's Republic of China Military and Human Rights…

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Capital Markets Sanctions Act during the House Financial Services Committee’s organizational meeting for the new 119th Congress. Sherman previously introduced the bill in March 2024 (see 2409270021).