Reese on Nostr: Here are the main points from the article: **Key Points:** 1. **US Lawmakers ...

Here are the main points from the article:

**Key Points:**

1. **US Lawmakers Introduce Bill**: US lawmakers John Moolenaar (R-MI) and Andy Barr (R-KY) introduce the Comprehensive Outbound Investment National Security (COINS) Act on January 4, 2025.
2. **Goal of the Bill**: The bill aims to limit US investments in Chinese sectors linked to military growth and human rights violations.
3. **Protection of American Savings**: The COINS Act seeks to protect American savings and retirement funds from being invested in sectors that undermine US national security.
4. **Companion Bill in Senate**: A companion bill is introduced in the Senate by John Cornyn (R-TX) and Tim Scott (R-SC).
5. **Investigations Revealed**: Investigations revealed over USD 1.9 billion from US venture capital to Chinese AI firms and USD 1.2 billion to China's semiconductor industry.
6. **Restricting American Capital Flow**: The COINS Act aims to restrict American capital flow into sectors undermining US national security.

**Key Quotes:**

* "Responsible investment is critical to preventing our savings and retirement funds from being used to fund the Chinese Communist Party's military ambitions." - John Moolenaar (R-MI)

**Related Topics:**

* China-US Relations
* National Security
* Human Rights
* Military Investment
* US Legislation