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Legislative bills

Bipartisan Bill Introduced to Hold China Accountable for Genocide and Crimes Against Humanity

Strategic Insights

— 1 min read

The Countering Atrocities through Currency Accountability Act, introduced by U.S. Representatives Ken Buck, Lance Gooden, Jim Banks, and Ritchie Torres, aims to sever the United States' currency markets from foreign adversaries committing genocide and crimes against humanity, primarily the Chinese Communist Party's (CCP) genocide in Xinjiang. The bill authorizes special measures to restrict transactions and requires reports on U.S. reliance on polysilicates produced in Xinjiang.

Key Takeaways:

  • The bill aims to hold China accountable for its genocide and crimes against humanity in Xinjiang, specifically targeting the Chinese Communist Party.
  • The bill authorizes special measures to restrict certain accounts and types of transactions within a jurisdiction (such as Xinjiang) where genocide and/or crimes against humanity are being committed.
  • The bill requires the Secretary of Treasury to determine whether Xinjiang meets the criteria for one or more of the special measures authorized within the bill.
  • The bill requires the Secretary of State to provide a report to Congress on the United States' reliance on polysilicates produced in Xinjiang, which are core to the production and manufacture of solar panels.
  • Cosigners of the bill include Reps. Yvette Herrell, Kevin Hern, Greg Steube, Billy Long, Joe Wilson, Tim Burchett, and Madison Cawthorn, who share concerns about China's human rights abuses.
  • The introduction of the bill has received support from outside groups such as Stand for America and FDD Action, who argue that the U.S. must use its tools to prevent enabling atrocities in Xinjiang.

Statistics:

  • 4 U.S. Representatives introduced the Countering Atrocities through Currency Accountability Act: Ken Buck, Lance Gooden, Jim Banks, and Ritchie Torres.
  • 8 Cosigners of the bill: Yvette Herrell, Kevin Hern, Greg Steube, Billy Long, Joe Wilson, Tim Burchett, and Madison Cawthorn.
  • The Chinese Communist Party's genocide in Xinjiang has been condemned by the world, but the U.S. is taking bold steps to hold China accountable.

Sources:

  • United States House of Representatives -- Congressman Ken Buck (4th District of Colorado)
  • Congressman Lance Gooden (TX-05)
  • Congressman Jim Banks (IN-03)
  • Congressman Ritchie Torres (NY-15)
  • Stand for America
  • FDD Action

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