Posted on 01/13/2021 8:16:58 PM PST by bitt
Dear Madam Speaker: (Dear Mr. President:)
Pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), and section 301 of title 3, United States Code, I hereby report that I have issued an Executive Order taking further steps to deal with the threat posed by the People’s Republic of China’s (PRC) increasing exploitation of United States capital to resource and to enable the development and modernization of its military, intelligence, and other security apparatuses which continue to allow the PRC to directly threaten the United States homeland and United States forces overseas, including by developing and deploying weapons of mass destruction, advanced conventional weapons, and malicious cyber-enabled actions against the United States and its people.
Through the national strategy of Military-Civil Fusion, the PRC increases the size of the country’s military-industrial complex by compelling civilian Chinese companies to support its military and intelligence activities. Those companies, though remaining ostensibly private and civilian, directly support the PRC’s military, intelligence, and security apparatuses and aid in their development and modernization. At the same time, they raise capital by selling securities to United States investors that trade on public exchanges both here and abroad, lobbying United States index providers and funds to include these securities in market offerings, and engaging in other acts to ensure access to United States capital. In that way, the PRC exploits United States investors to finance the development and modernization of its military.
To deal with that threat, I signed Executive Order 13959 on November 12, 2020. Executive Order 13959 prohibits certain purchases involving publicly traded securities, or any securities that are derivative of, or are designed to provide investment exposure to such securities, of any Communist Chinese military company. Those companies are ones the Department of Defense has listed, or will list, pursuant to section 1237 of Public Law 105-261, as amended, or are identified as Communist Chinese military companies or their subsidiaries by the Secretary of the Treasury using similar criteria.
Today, I signed an Executive Order amending Executive Order 13959. The amendments prohibit certain sales as well as purchases of publicly traded securities, or any securities that are derivative of, or are designed to provide investment exposure to such securities, of any Communist Chinese military company. They also prohibit possession of such securities by United States persons 1 year after a company is determined to be a Communist Chinese military company. And, finally, they allow the Secretary of Defense publicly to list whether a company is a Communist Chinese military company using the criteria in section 1237(b)(4)(B) of Public Law 105-261, as amended by section 1233 of Public Law 106-398 and section 1222 of Public Law 108‑375, regardless of whether the Secretary must report that determination under section 1237(b)(2).
I am enclosing a copy of the Executive Order I have issued.
Sincerely,
DONALD J. TRUMP
Strange for a guy to care about supposedly accepting defeat. Biden would just reverse it.
Amendment to Executive Order 13959.
Made TODAY.
It prohibits Americans from owning investments that finance Chinese military companies.
Holy Moly is THAT going to ruffle some feathers!!!
EO 13848 is the one that interest me and why nothing is being said about it.
>>> It prohibits Americans from owning investments that finance Chinese military companies.
MORE THAN THAT!....
Read the last sentence or 2!
Public disclosure of CCP owned companies!
Love it! It was hard for them to swallow to begin with - and now it just gets more bitter for them! :D
Is there a surprise coming on the 19th or 20th?
Like what?
Could you please be more specific?
What issues you mentioned?
It would make Biden look bad to overturn this EO....if anyone reported on it, mind you.
>>> Is there a surprise coming on the 19th or 20th?
At this point i’m not sure what WOULD surprise me.
I’m pretty sure that a LOT of people are going to be very shocked at what is going on.
They have no idea what is about to happen.
They are the ones who are glued to their cable TV sets.
You are at least here... doubt you will be surprised by much.
Can you be more specific?
My apologies, I wasn’t clear
The post to which I responded suggested that Joe ‘would just reverse it.’
But I think the ‘president-select’ has his own issues to deal with regarding the nation in question.
Anything he does in that area will inevitably be suspect, in the minds of 75 to 80 million members of his citizenry.
(An alternate version of Mark Twain’s quote comes from my grandmother: ‘Be sure your sins will find you out’.)
I think that EO is aimed at some congress critters and other governmental persons...and businesses.
We would but they just cheated an election in our faces and so far gotten away with it. So who would stop Biden from anything else? McConnell? Sure.
That’s what I am wondering as well. He has been way too quiet lately.
>>> It would make Biden look bad to overturn this EO....if anyone reported on it, mind you.
ROFL!!! REally???? Biden doesn’t want to look bad??? OMG!
Joe (or rather, his ‘handlers’ for him) will stop himself.
Have you learned nothing from the ridiculous, flaccid campaign he ran, his sheer incompetence, the incompetence of his team, etc? They’re acting like frightened ninnies.
Sit back, and watch the wheels turn.
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