|March 2, 2018
Conaway Chronicle: Introducing the Stopping Foreign Businesses Sanctuary Act, Video: CFTC Commissioner Learns About Texas Oil and Gas, Congressional App Challenge Winner
Thank you for reading The Conaway Chronicle, a review of my activities in Congress and the 11th District.
Introducing the Stopping Foreign Businesses Sanctuary Act
Tuesday, I introduced the Stopping Foreign Businesses Sanctuary Act, legislation to protect American businesses from foreign companies manipulating claims of immunity in U.S. courts.
Under current law, foreign companies who are conducting commercial activity in the United States can claim immunity in U.S. courts by arguing they are an extension of their government. This is particularly frequent among Chinese companies, who tie themselves to the Chinese government to protect themselves from being held liable for their wrongdoings. American businesses are then prevented from taking legal action against these companies, giving foreign companies an unfair advantage on American soil.
In November, the U.S.-China Economic and Security Review Commission highlighted this issue in their annual report to Congress as a recommendation of ‘particular significance.’ It’s time to stop giving sanctuary to foreign companies, and put American businesses first.
The text of the bill can be found here. The entire U.S.-China Economic and Security Review Commission 2017 Annual Report to Congress can be found here, and the recommendation cited above can be found here.
Video: CFTC Commissioner Learns About Texas Oil and Gas
In Midland last week, I had the chance to connect U.S. Commodity Futures Trading Commissioner Brian Quintenz with the oil and gas industry. It’s amazing how far the technology has developed since I spent my younger days as a roughneck. Check out the video at this link.
Congressional App Challenge Winner
I had the chance to stop by Premier High School in Midland, Texas and congratulate our District's Congressional App Challenge winner! Ethan developed a text editing tool for beginner Python 3 programmers. To say I am impressed with Ethan’s understanding of digital coding is an understatement. I hope our students continue to challenge themselves to expand their STEM knowledge. Congratulations again, Ethan!
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Rep. Mike Conaway, 11th District