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Saturday, November 23, 2024

Luetkemeyer, Select Committee on CCP Hold Hearing on Risks of American Companies Doing Business in China

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Rep. Blaine Luetkemeyer | Rep. Blaine Luetkemeyer Official U.S. House headshot

Rep. Blaine Luetkemeyer | Rep. Blaine Luetkemeyer Official U.S. House headshot

WASHINGTON, D.C. – On July 13, Congressman Blaine Luetkemeyer (MO-03) and the Select Committee on the Chinese Communist Party (CCP) held a hearing entitled, “Risky Business: Growing Peril for American Companies in China.” The Congressman’s full line of questioning can be found below.

Click HERE to watch.

Representative Luetkemeyer: I also sit on the Financial Services Committee… we’ve had the CEOs of the five largest banks in front of us. We’ve asked the question of them, “on your website you talk about all the social justice things you support, and all the civil rights things you support in this country, yet you go to China and you ignore the genocide that’s going on, you ignore the slave labor that’s going on. You basically ignore the fiduciary responsibility you have to your investors by continuing to do business with the Chinese Communist Party. So what do you have to say about that?” And their answer is? Silence. They really can’t give you a good answer.

Original source can be found here

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