A House Committee Takes on China
WSJ Opinion: Potomac Watch
The Wall Street Journal
4.2 • 2.8K Ratings
🗓️ 2 March 2023
⏱️ 22 minutes
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| 0:00.0 | This podcast is brought to you by Acre Trader Financial Members Civic, providing investments |
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| 0:15.8 | Learn more at acretrader.com. |
| 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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