Biden endorses Pelosi’s China competition bill

Published



The White House released a statement of administration policy Tuesday endorsing House Democrats’ recently introduced bill explicitly seeking to confront China’s economic strength on the global stage.

House Speaker Nancy Pelosi unveiled the measure, the America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength (COMPETES) Act of 2022, in response to legislation the Senate passed in 2021.

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