Lawmakers Demand Action From Pentagon on CCP’s Seabed Mining

Published on December 12, 2023

A group of lawmakers has urged the Pentagon to develop a plan to address the Chinese Communist Party’s (CCP’s) activities in seabed mining as Beijing is set to dominate the area.  In a letter dated Dec. 7 to Secretary of Defense Lloyd Austin, Reps. Rob Wittman (R-Va.) and Elise Stefanik (R-N.Y.) and a group of over 30 lawmakers raised concerns about the CCP’s investment in seabed mining, which potentially strengthens Beijing’s dominance in critical mineral resources. Seabed mining is a process that extracts and recovers submerged sediment and minerals from the ocean floor, and deep-sea mining involves mining activities at a depth of more than 200 meters. The seabed contains critical minerals like cobalt, copper, nickel, and other rare earth elements....

Continue reading on website
Other news

IRS Releases Recommendations for Filing 2024 Income Tax Returns

December 12, 2023
The Internal Revenue Service (IRS) has released a list of things taxpayers should keep in mind while preparing to file taxes in 2024, including new features in online accounts, refund delays, tax credit refunds, and securing energy credits.Taxpayers can now use their IRS online account to “view, approve and electronically sign power of attorney and tax information authorizations from their tax pro

LIVE 8 AM ET: House CCP Committee Meets to Unveils Econ and Tech Recommendations

December 12, 2023
The House Select Committee on the Chinese Communist Party (CCP) holds a business meeting at 8:00 a.m. on Dec. 12 to consider the adoption of a report that will include recommendations arising from the Committee’s hearings, meetings and travel over the past year focused on the CCP’s campaign of economic aggression, and policy options for the United States to respond to that campaign and protect U.S