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Foreign Business

All articles tagged with #foreign business

politics2 years ago

"DADDY Act: Preventing Executive Branch Officials' Families from Foreign Business Work"

House China Committee Chairman Mike Gallagher is introducing the "DADDY Act," a bill that would prohibit immediate family members of executive branch officials from working for certain foreign companies. The bill aims to prevent family members from taking roles on the boards of foreign companies while their relative holds office. The bill covers immediate family members of the president, vice president, and cabinet officials. Violations would be punishable by fines and imprisonment. The bill comes amid investigations into the Biden family's overseas business dealings.

via Fox News|
#corruption#daddy-act#executive-branch
politics2 years ago

Trump's Double Standard: Foreign Business Scandalous, Except for His Own

Former President Donald Trump, who has faced numerous felony charges, has accused President Joe Biden and his family of being criminals, claiming they received millions of dollars from foreign countries. However, Trump and his relatives have themselves engaged in foreign business dealings, with Trump never giving up control of his business empire and his family benefiting from money from around the globe. Trump's daughter Ivanka Trump and son-in-law Jared Kushner also held positions in the White House, blurring the lines between their private interests and government work. While concerns have been raised about Hunter Biden's business dealings, no hard evidence has emerged of Joe Biden personally participating in or profiting from those deals. The Trump family's foreign commercial entanglements were far more numerous and involved conflicts of interest, according to legal experts.

via Yahoo! Voices|
#donald-trump#ethics#foreign-business
politics2 years ago

Unraveling the Hunter Biden Affair: Connections to the President Explored

CNN host Kaitlan Collins asked Hunter Biden's lawyer, Abbe Lowell, if there is any possibility that Hunter Biden's foreign business dealings will connect back to his father, President Joe Biden. Lowell responded by stating that numerous investigations into Hunter Biden's activities have been ongoing for five years, with no substantial evidence of any connection between Hunter's business and his father. Lowell emphasized that previous investigations have only resulted in minor charges, contradicting claims made by conservative lawmakers and media outlets. Some Republicans have called for a shift in focus away from Hunter Biden's actions.

via Yahoo Entertainment|
#abbe-lowell#cnn#foreign-business
business2 years ago

Elon Musk Explores Expansion in China with Visit and Meeting with Foreign Minister

Elon Musk met with China's Foreign Minister Qin Gang to discuss further expansion of Tesla's business in China, which is the company's second-biggest market. Qin emphasized China's commitment to creating a better market-oriented and law-based business environment for foreign firms like Tesla. The meeting comes amid continued tensions between the US and China over technology, and as Tesla faces heightened competition and a price war in China. Tesla's biggest car production factory is in Shanghai, and the company has announced plans to build another plant locally to manufacture its Megapack energy storage system.

via CNBC|
#business#china#electric-vehicles