Sherrod Brown: “Treasury and commerce have had active and growing caseloads…”

“A core element of this committee's work has been to establish and conduct oversight over our export controls, Investment securities and Defense Production act authorities. Treasury and commerce have had active and growing caseloads since our hearing last year, they've expanded controls on semiconductors, equipment and services that could support China's semiconductor ecosystem. They've taken steps to establish an outbound investment program that would enable us to better understand and to stop US investments that build up China, China's military.” (00:00–06:34)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.