Chairman Rick Scott Spearheads Hearing on Communist China

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Chairman Rick Scott Spearheads Joint Aging Committee Hearing on Communist China’s Exploitation of American Investments and National Security

Senator Rick Scott, Chairman of the U.S. Senate Special Committee on Aging, led a joint hearing with the House of Representatives Select Committee on the Chinese Communist Party (CCP), entitled, “Financial Aggression: How the Chinese Communist Party Exploits American Retirees and Undermines National Security.”  During the hearing, Chairman Scott exposed the significant threats posed by Communist China to American investments, with a focus on the urgent need for seniors to safeguard their retirement savings from the CCP’s predatory practices. Communist China’s growing influence in U.S. financial markets jeopardizes the financial security of hardworking Americans and poses a serious risk to U.S. national security.

Chairman Scott urges Americans to take immediate and decisive action to protect themselves from the risk of CCP-linked investments, and calls on regulators and his colleagues to join him in working to address this growing threat.

Chairman Scott just reintroduced a legislative package aimed at protecting American investors and cracking down on Communist China’s influence in and exploitation of U.S. markets. Chairman Scott recently sent a letter thanking President Trump’s Securities and Exchange Commission (SEC) nominee, Paul Atkins, and secured his commitment to protecting U.S. markets and investors and upholding the law to hold Communist Chinese companies operating on U.S. financial markets accountable.

Chairman Scott’s witnesses for the hearing included Floridians Kevin O’Leary, Chairman and Chief Executive Officer of O’Leary Ventures, and Chris Iacovella, President and Chief Executive Officer of American Securities Association.
Watch Chairman Scott’s full remarks HERE or by clicking the image below. 
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