Mexican tomato exporters are conducting unfair trade practices and dumping tomatoes into the U.S. market, despite the 2019 Tomato Suspension Agreement. This is forcing American tomato farmers out of business and destroying the domestic tomato industry. U.S....
News
Latest News
Next Week: Rubio Staff Hosts Mobile Office Hours
U.S. Senator Marco Rubio’s (R-FL) office will host in-person and virtual 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...
Rubio Habla en Maxima 92.5 de Tampa Bay
El senador estadounidense Marco Rubio (R-FL) habló con Nio Encendio de Maxima 92.5 de Tampa Bay, sobre cómo la inflación ha impactado a las familias, sobre las olas de migración ilegal, sobre el juicio político de Biden vs. el de Trump, sobre el canje de prisioneros...
Rubio, Colleagues Introduce Bill to Prohibit Asylum for CCP Members
This year alone, U.S. Customs and Border Protection (CBP) has encountered an estimated 40,000 Chinese nationals along the U.S. northern and southern border. The Biden Administration has left the border wide open, allowing potential spies from the Chinese Communist...
Rubio, Moolenaar Demand CFIUS Review of CCP-controlled Company Operating in the U.S.
Gotion, Inc., a Chinese company and U.S. subsidiary of Guoxuan High-Tech, announced a lithium battery plant in Illinois that is expected to open next year. This CCP-tied battery company is expected to benefit from green-energy tax breaks under the Democrats’ Inflation...
ICYMI: Rubio Joins All Things Considered
U.S. Senator Marco Rubio (R-FL) joined National Public Radio’s All Things Considered to discuss his plan to expand the child tax credit for working families. See below for the full transcript and listen to the edited interview here. On the connection between the child...
Rubio Statement on NYSE, Delisting of Chinese Telecom Companies
Washington, D.C. — U.S. Senator Marco Rubio (R-FL) released a statement after the New York Stock Exchange (NYSE) — in a complete reversal of an earlier announcement due to misguided, erroneous guidance from the U.S. Treasury Department — made clear that the exchange will move forward with its plan to delist China’s large telecom carriers: China Mobile Ltd., China Telecom Corp., and China Unicom Hong Kong Ltd. The delisting action comes after the President issued an Executive Order to prohibit U.S. investments in firms that are on the U.S. Department of Defense lists of Communist Chinese military companies.
“It is outrageous that those in the U.S. Treasury Department attempted to undermine the President’s Executive Order in a blatant attempt to serve the interests of Wall Street and the Chinese Communist Party at the expense of the United States,” Rubio said. “After an intense pressure campaign from those of us who believe we should prioritize the interests of American workers and mom and pop investors above Beijing and Wall Street, I am pleased that the NYSE decided to reverse their earlier announcement and take the correct action: delisting China’s telecom companies. I hope that this embarrassing incident makes clear that there is a strong, bipartisan consensus that the United States will not allow China’s exploitation of U.S. capital markets, or Wall Street’s role as facilitator, to continue unimpeded.”
The President’s Executive Order closely resembles legislation that Rubio introduced last October. Specifically, Rubio’s American Financial Markets Integrity and Security Act would prohibit malign Chinese companies — including the parent, subsidiary, affiliate, or a controlling entity — that are listed on the U.S. Department of Commerce Entity List or the U.S. Department of Defense lists of Communist Chinese military companies from accessing U.S. capital markets. A one-pager of the legislation is available here.