The Senate passed the Securing Growth and Robust Leadership in American Aviation Act (H.R. 3935), which reauthorizes the Federal Aviation Administration (FAA) until 2028. The bill includes several provisions led by U.S. Senator Marco Rubio (R-FL), including an...
The International Criminal Court (ICC) is seeking to politically target Israel for rightfully defending itself from terrorists seeking its destruction following the October 7, 2023 atrocities committed by Hamas. U.S. Senators Marco Rubio (R-FL), Jacky Rosen (D-NV),...
U.S. Senator Marco Rubio’s (R-FL) office will host in-person Mobile Office Hours next week to assist constituents with federal casework issues in their respective local communities. These office hours offer constituents who do not live close to one of Senator Rubio’s...
Allowing Japan-based Nippon Steel Company to acquire U.S. Steel raises serious economic and national security concerns. President Joe Biden claims to oppose the sale of this American company but has not taken action within his power to stop the deal. U.S. Senators...
Partisan actors often use citizen suit provisions of the Clean Air Act, Clean Water Act, and Endangered Species Act to stifle energy and economic development projects with time-consuming litigation. U.S. Senators Marco Rubio (R-FL) and Kevin Cramer (R-ND) introduced...
Military families face significant challenges when moving due to a permanent change of station (PCS). The U.S. Department of Defense (DoD) has several programs to address these challenges, such as finding a new home, establishing health care providers, and changing...
Washington, D.C. — U.S. Senators Marco Rubio (R-FL) and Bob Casey (D-PA) introduced the No IPOs for Unaccountable Actors Act to prohibit initial public offerings (IPOs) on U.S. exchanges for Chinese companies that are out of compliance with U.S. regulators. This legislation would direct the Securities and Exchange Commission (SEC) to prohibit any company headquartered in a jurisdiction in which the Public Company Accounting Oversight Board (PCAOB) lacks full auditing authority, or that retains an auditor PCAOB cannot inspect, from registering a security and making an IPO on a U.S. stock exchange. This would prevent Chinese companies from issuing IPOs or listing on American exchanges through SPACs.
“As unbelievable as it may sound, companies from across the world who wish to list on American exchanges must comply with audit inspection standards — except for those from China,” Rubio said. “There is no reason why China should be able to bypass our securities laws yet reap the benefits of listing on our exchanges. It’s time for China to play by the rules and cease exploiting the openness of U.S. capital markets.”
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