WASHINGTON, May 21 -- Sen. Rick Scott issued the following press release:
Today, Senator Rick Scott and U.S. Rep. Elise Stefanik introduced the CCP Sanctions Shot Clock Act, which establishes a one-year "shot clock" to bar sanctioned Chinese Communist Party (CCP) officials from doing business on U.S. exchanges after being identified as a potential threat.
The legislation requires the Secretary of the Treasury to add identified People's Republic of China (PRC) persons to the Non-SDN Chinese Military-Industrial Complex Companies (https://www.opensanctions.org/programs/US-NS-CMIC/) (NS-CMIC) List within one year of their identification.
Senator Rick Scott said, "No one working on behalf of the CCP's military interests should be doing busine...