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Free AccessMcCarthy To Establish House Select Committee On China
MNI London: Speaker-elect of the United State House of Representatives, Kevin McCarthy (R-CA) has announced that he will establish a new House panel focused on China, should he become Speaker in January.
- McCarthy tweeted today: "Under a Republican majority, I will establish a China Select Committee to expose and fight against the Chinese Communist Party's cyber, trade, and military threats against America."
- McCarthy has tapped up Rep Mike Gallagher (R-WI) to head the committee: "Mike Gallagher is exceptionally qualified and is the right person to lead and advance this important agenda at this vital moment.”
- Gallagher said in a statement: "The Select Committee on China will push back in bipartisan fashion before it's too late. Even in divided government, we have an opportunity to build a united front against CCP aggression."
- McCarthy's pathway to the Speaker's gavel isn't yet assured. The Minority Leader is facing an ongoing revolt from the right-wing of the GOP which must be overcome before a full House vote on January 3.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.