Rep. Reschenthaler: China Task Force Releases Report on Countering the Chinese Government - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
October 1, 2020 Newswires
Share
Share
Post
Email

Rep. Reschenthaler: China Task Force Releases Report on Countering the Chinese Government

Targeted News Service (Press Releases)

WASHINGTON, Oct. 1 -- Rep. Guy Reschenthaler, R-Pennsylvania, issued the following news release on Sept. 30:

Today, after a months-long effort to assess the growing threat posed by the Chinese Communist Party (CCP), the China Task Force unveiled their final report, which will serve as a policy framework to address the CCP's malign behavior. Congressman Guy Reschenthaler (PA-14) was selected by House Republican Leader Kevin McCarthy back in May to serve on the 15 member task force.

"Today, the China Task Force put forth real world solutions that will build upon the Trump Administration's efforts to counter China's global aggression and protect our national and economic security," said Reschenthaler. "From Pennsylvania's steel mills to our farmlands, China has attempted to disrupt or destroy our American way of life. Through legislative and continued administrative actions, we can fight back against the CCP's malfeasance and strengthen our nation's position on the world stage. Those supporting democracy and freedom around the world must join together, act decisively, and address the growing threat of the CCP."

Since its launch in May, the task force has met with 125 people, including policy experts, business leaders, Members of Congress, and current and former administration officials from both sides of the aisle. The report includes more than 400 recommendations, including 180 legislative recommendations. Of the legislative measures, two thirds are bipartisan and one third have already passed either the House or the Senate.

Reschenthaler introduced the following pieces of legislation, which were included in the report:

H.R. 8407- Protecting National Security in Financial Investments Act: allows for the Securities and Exchange Commission to require disclosure of investments made to foreign companies that threaten U.S. national security and foreign policy goals. This legislation will provide critical information to Congress and federal agencies regarding financial flows to entities with ties to the CCP.

H.R. 7805 - Stop Predatory Organ Trafficking Act: authorizes the imposition of visa sanctions on officials complicit in organ trafficking. It also requires the State Department to report annually on the sources, practices, methods, facilitators, and recipients of organ trafficking, as well as the activities taken by the department and other countries to address organ trafficking.

H.R. 7224 - End Communist Chinese Citizenship Act: prohibits members of the CCP or its successor, or those affiliated with the CCP or its successor, from obtaining green cards.

H.R. 8346- Academic Research Protection Act: protects federally-funded research from foreign threats such as China, Russia, and Iran.

Report Recommendation Highlights:

1. Evaluating whether the CCP's crimes against Uyghurs amount to genocide and fully implementing sanctions laws enacted in response to the CCP's Hong Kong crackdown.

2. Bringing fairness back into our relationship by holding Chinese companies to the same financial disclosure standards as American ones when listing on U.S. stock exchanges.

3. Providing more resources for investigations, criminal prosecutions, and other actions against CCP-sponsored IP theft, and closing loopholes the CCP has exploited in our visa system.

4. Strengthening the protection of sensitive research at America's colleges and universities and leading research institutions.

5. Modernizing force structure, posture, operational concepts, and acquisitions in order to deter CCP aggression in the Indo-Pacific and around the world.

6. Assessing the security risks posed by China in 5G networks and increasing cooperation between the U.S. and its allies and partners in identifying and countering them.

7. Securing critical supply chains, prioritizing national security and medical supplies.

8. Countering the CCP's global malign influence by requiring transparency and accountability within the United Nations system, including at the World Health Organization.

9. Contains a comprehensive list of the military investment and activities needed to maintain our superiority over the CCP's military.

Read the executive summary here https://reschenthaler.house.gov/sites/reschenthaler.house.gov/files/China%20Task%20Force%20Executive%20Summary.pdf.

Read the full report here https://gop-foreignaffairs.house.gov/blog/china-task-force-report/.

Older

Rep. Walden Talks Wildfires, Forest Management

Advisor News

  • Addressing the longevity paradox
  • Employers shift focus from retirement access to financial outcomes
  • Helping widowed clients navigate their new financial reality
  • Navigating client communication in a digital age
  • Can your advisory firm survive without you?
More Advisor News

Annuity News

  • Farm Bureau P&C insurers post first underwriting gain since 2021
  • Legacy Marketing, Malibu Life launch two fixed indexed annuities
  • Changing client priorities are reshaping annuity conversations
  • Solen Software acquires annuity software provider Cooperative Technologies
  • MassMutual Expands Lending Options With New Secured Credit Line
More Annuity News

Health/Employee Benefits News

  • MIDTERM ELECTION UPDATE: MEDICAID CHANGES
  • What’s behind the growth of CHOICE arrangements?
  • Addressing the longevity paradox
  • Wyman remembered as trailblazer and mentor
  • Commentary: Charles Sauer: Medicare’s bad incentives are costing taxpayers billions
More Health/Employee Benefits News

Life Insurance News

  • Meiji Yasuda Life Insurance Company Trademark Application for “PEACE OF MIND, FOREVER” Filed: Meiji Yasuda Life Insurance Company
  • SoFi and Prudential Financial team up to expand access to life insurance
  • Group 1001 Companies Secure $120,000 for Habitat for Humanity of Boone County Through Federal Home Loan Bank of Indianapolis Match
  • Americans Worry They Can’t Afford Health Care in Retirement, Allianz Life Study Finds
  • Solen Software acquires annuity software provider Cooperative Technologies
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.