The House Foreign Affairs Committee has scheduled a meeting for next week’s June 30 to consider amendments to the Ensuring American Global Leadership and Engagement Act (EAGLE Act), a sweeping bill aimed at improving U.S. economic competitiveness and pressuring China on human rights, Reuters cited aides to relevant U.S. lawmakers as disclosing. This is part of the U.S. Congress’ efforts to address competition with China.
The EAGLE Act was reportedly introduced last month by House Foreign Affairs Committee Chairman Gregory Meeks (R-CA). And the U.S. Senate already passed the Senate version of the China-specific U.S. Innovation and Competition Act (USICA) on June 8, by a vote of 68-32. The bill authorizes the federal government to set aside about $190 billion to strengthen U.S. technology and research and authorizes spending $54 billion to increase U.S. production and research in semiconductors and telecommunications equipment.
The report said that while Congress has often disagreed on other matters, taking a tough stance on China is one of the issues that has achieved real bipartisan consensus.