My concern in this entire harmonization cross-border equivalency issue has been to make sure that our financial firms, our clearinghouses, our market participants, are not put in a competitive disadvantage in the global marketplace.
David Scott emphasizes the need for competitive fairness for U.S. financial firms globally.
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Thank you. And, Ambassador Tom, you note in your testimony that intellectual property theft is one of the primary threats posed by China.
My feeling is Speaker Johnson will not bring this bill to the floor for a vote because it was not written as a serious bill.
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