Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
House Small Business Committee hears testimony on CCP‑linked threats to U.S. small businesses
Summary
Witnesses told the House Small Business Committee that Chinese Communist Party‑linked investment, IP theft and supply‑chain dependence threaten U.S. startups and manufacturers; they urged expanded SBA programs, better due diligence tools and faster federal support for entrepreneurs facing ‘lawfare.’
Chairman Williams opened the House Small Business Committee’s hearing titled “Defending Main Street: Combating the CCP Threats to American Small Businesses,” saying the committee would examine how CCP‑linked investments, intellectual‑property theft and supply‑chain dependence are putting U.S. entrepreneurs at risk. "Welcome to today's hearing titled Defending Main Street: Combating the CCP Threats to American Small Businesses," he said.
The hearing paired personal testimony from entrepreneurs with expert analysis. Ranking Member Ms. Velasquez warned against policies that single out people by ethnicity, invoking the WWII internment of Japanese Americans and the Civil Liberties Act of 1988 as cautionary precedent. "Each family was given a week to register with the government, liquidate their homes and businesses," she said, urging the committee to avoid ethnic profiling while defending national security.
Entrepreneur Sean Murphy recounted his company Bison Blockchain’s…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
