Mills reintroduces bill to strip SBA funding from Chinese-aligned businesses

EXCLUSIVE — Rep. Cory Mills (R-FL) is reintroducing legislation to prevent the federal government from giving financial assistance to companies based in China or with at least 25% Chinese ownership.

“Businesses linked financially or politically to the Chinese Communist Party will not see a single dollar of relief from the U.S. government,” a spokesperson for Mills said in a statement to the Washington Examiner. “The communist regime’s emboldened actions are a threat to our nation and fiscal security. The CCP is not just challenging our economic interests; they’re actively working to create instability in global markets.”