US_ Bill Aims to Keep US Investors Away From Blacklisted CCP Officials (Eva Fu & Dorothy Li - THE EPOCH TIMES)

THE EPOCH TIMES

Bill Aims to Keep US Investors Away From Blacklisted CCP Officials

‘Communist China is our enemy and we need to wake up and start acting like it,’ Sen. Rick Scott (R-Fla.) says.

Sen. Rick Scott (R-Fla.) participates in the The Operating System for Institutions: Money, Workflows, and AI panel during The Hill & Valley Forum 2026 at Andrew W. Mellon Auditorium in Washington on March 24, 2026. Paul Morigi/Getty Images for The Hill & Valley Forum

Eva Fu
Reporter
&
Dorothy Li
5/21/2026|Updated: 5/21/2026


WASHINGTON—U.S. lawmakers are introducing legislation that would prohibit American investors from funding companies controlled by Chinese Communist Party (CCP) officials on the U.S. blacklist.

The legislation, shared with The Epoch Times ahead of its release, would direct the Treasury Secretary Scott Bessent to add blacklisted Chinese individuals to his department’s Non-SDN Chinese Military-Industrial Complex Companies List (NS-CMIC) within one year of their identification.

“No one working on behalf of the CCP’s military interests should be doing business in this country,” Sen. Rick Scott (R-Fla.) said in a statement to The Epoch Times on May 21.

The NS-CMIC list, managed by the Treasury Department’s Office of Foreign Assets Control, aims to identify companies linked to the Chinese regime’s military sector.

...

READ MORE: https://www.theepochtimes.com/china/bill-aims-to-keep-us-investors-away-from-blacklisted-ccp-officials-6034281?ea_src=frontpage&ea_med=section-2

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