WASHINGTON, June 18 -- Sen. Kevin Cramer issued the following press release:

American competitiveness in the artificial intelligence (AI) arms race is at the forefront of national security policy discussions as well as top of mind for investors across industries. The Bureau of Industry and Security (BIS) is at the center of it all, quietly shaping American exports. Housed at the Department of Commerce (DOC), BIS runs the U.S. export-control licensing system for civil and military dual-use technologies. The bureau is responsible for governing exports like American computer memory chips, software, and equipment, ultimately regulating their ability to flow to adversarial nations like China.

U.S. Senators Kevin Cramer (R-ND) and Andy Kim (D-N...