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WSJ Opinion: Potomac Watch

A House Committee Takes on China

WSJ Opinion: Potomac Watch

The Wall Street Journal

Society & Culture, News

4.22.8K Ratings

🗓️ 2 March 2023

⏱️ 22 minutes

🧾️ Download transcript

Summary

During a primetime opening hearing, the House Select Committee on the Chinese Communist Party, led by Rep. Mike Gallagher, began a wide-ranging investigation into potential threats from China, including surveillance and threats of impending war. So what does this committee hope to accomplish? Plus, the Senate approves a measure to overturn a Biden administration ESG rule. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:05.4

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0:17.7

That's acretrader.com.

0:24.1

From the opinion pages of the Wall Street Journal, this is Potomac Watch.

0:30.1

The new House special committee on competition with China holds its first hearing and what

0:34.9

seems to be a rare bipartisan undertaking in Washington these days.

0:39.0

What does Chairman Michael Gallagher have in store on what does this portend for the

0:43.9

changing public perceptions about China and for the agenda of the 2024 presidential candidates.

0:50.8

Plus, two Democratic senators de facto their colleagues to join Republicans to overturn a

0:56.0

Biden Labor Department rule on investing based on so-called ESG rules, environments, social

1:02.7

and governance criteria.

1:04.7

This is likely to be President Biden's first veto.

1:08.4

So what happened there?

1:09.7

Joe Sternberg is with me here.

1:11.6

I'm Paul Gigo with the Wall Street Journal opinion page.

1:14.5

And Joe is one of my colleagues, as is Alicia Finley, who's also here at Leisha and Joe

1:19.1

welcome.

1:20.1

Let's talk first about the ESG rule, something of a surprise that after the House passed a

1:27.1

Congressional Review Act resolution to overturn the Labor Department rule that went to the Senate.

1:33.4

And it only needs a 51 vote majority to pass under Congressional Review Act rule.

...

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