TOP NEWS | Republicans Demand Probe Into White House Cocaine, Treasury Secretary in China, Illegal Aliens in NYC Public Schools | July 7

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🗓️ 7 July 2023

⏱️ 12 minutes

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Summary

On today’s Daily Signal Top News, we break down: Treasury Secretary Janet Yellen is in China for a four-day visit to meet with Premier Li Qiang, U.S. businesses operating in China, and Ambassador from the People’s Republic of China Xie Feng. The Biden administration gears up to send cluster munitions to Ukraine. Henry Rodger’s story: https://dailycaller.com/2023/07/06/jim-jordan-house-republicans-blackrock-vanguard-esg-practices/ New York City Mayor Eric Adams is considering housing illegal aliens in public schools over the summer. A man who interpreted for U.S. troops in Afghanistan is shot to death in D.C. The House Committee on Oversight and Accountability launches an investigation into the cocaine found at the White House. Relevant Links Listen to other podcasts from The Daily Signal: https://www.dailysignal.com/podcasts/ Get daily conservative news you can trust from our Morning Bell newsletter: DailySignal.com/morningbellsubscription Listen to more Heritage podcasts: https://www.heritage.org/podcasts Sign up for The Agenda newsletter — the lowdown on top issues conservatives need to know about each week: https://www.heritage.org/agenda Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I'm Samantha Sharis, and this is the Daily Signal Top News for Friday, July 7th.
0:07.8	Here are today's headlines.
0:11.4	Treasury Secretary Janet Yellen is in China for a four-day visit, where she has so far
0:25.6	met with the Chinese Premier, U.S. businesses operating in China and the ambassador from the
0:31.7	People's Republic of China.
0:33.9	During her discussion with U.S. businesses operating in China, Yellen expressed her concern
0:39.2	about new export controls recently announced by China on two critical minerals used in
0:45.4	technologies like semiconductors.
0:48.2	Yellen also said, our economic relationship with China must work for American workers and
0:53.6	businesses.
0:54.9	I will always champion your interests and work to make sure there is a level playing
0:59.4	field.
1:00.4	This includes coordinating with our allies to respond to China's unfair economic practices.
1:05.5	Let's take a listen to some more of what Yellen said via Bloomberg Television's YouTube.
1:11.3	During meetings with my counterparts, I'm communicating the concerns that I've heard
1:17.6	from the U.S. business community, including China's use of non-market tools like expanded
1:25.1	subsidies for its state-owned enterprises and domestic firms, as well as barriers to market
1:32.4	access for foreign firms, I've been particularly troubled by punitive actions that have been
1:39.7	taken against U.S. firms in recent months.
1:44.4	Yellen also pointed out in her remarks that trade between the U.S. and China was at
1:48.6	an all-time high last year, and said, and if it is fair, trade investment can support
1:54.7	American jobs at home and promote American innovation.
	...

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