On the recordFebruary 3, 2022
Imagine you are an inventor with a new idea. You put a lot of time, effort, and money into everything it takes for your idea to become a reality. Finally, after all your hard work, you have a successful product. However, a foreign competitor copied your intellectual property, and your property is now worthless. This is a serious problem facing American investors, entrepreneurs, and businesses, and the Chinese Communist Party is typically the culprit behind intellectual property theft. It is totally wrong that this happens right under our government's nose, but we haven't done a daggum thing to stop the exploitation. House Democrats are putting on the floor a bogus China competition bill that does nothing to actually solve this problem. In fact, they even rejected several amendments that address the lack of intellectual property protections in their bill. My Trade Related Intellectual Property Protection Act was among the amendments Democrats rejected. It would require Congress to approve the sharing of any intellectual property with the World Trade Organization member states, giving us a chance to make sure Americans' hard work does not get stolen by the Communist Chinese. By excluding my commonsense amendment, Democrats missed an opportunity to make their bill a legitimate response to Communist China's attacks on America's brightest minds.…
Source
govinfo.gov




