WASHINGTON, D.C. – U.S. Senator Marsha Blackburn (R-Tenn.) joined Bloomberg TV to discuss the importance of protecting U.S. businesses from Communist China’s influence.
Data Privacy Regulations Are Necessary To Protect U.S. Consumers
Investors should be very wary of their participation with these Chinese companies… We need a federal privacy and data security law on the books so that we are there to protect U.S. consumers who are online and maybe are using a platform that is based in China.
China Will Become More Untrustworthy And Less Competitive
China will become less competitive if they continue to make themselves less trustworthy, which is exactly what they're doing. They’re not a trustworthy investment with the actions that they are taking. They are not trustworthy for users because they are continuing to gather and house and mine that data. They are basically building a virtual you of individuals on their platforms.
Biden Must Get Tougher On Communist China
The Biden administration should be more aggressive. China is an adversary. We know that they are not there to take favorable actions to the United States or our companies that are doing business in China. We should be very wary of the steps they're taking.