•     "This provision would give the Treasury Secretary and those she deputizes unilateral, unlimited power to ban any type of financial asset that has a foreign link, without public notice and without any time limit. It doesn’t say it explicitly, but this is a direct attack on the digital asset industry. The Treasury Department already has broad authority in this area, but it has a strict time limit and a public notice requirement." Source: Sen. Cynthia Lummis (Republican, Wyoming)

•     "At a time when we need to focus on the myriad of threats posed by the Chinese Communist Party across the board, the left is using that same threat as a Trojan horse to essentially pass President Biden’s unpopular ‘Build Back Better’ agenda and dole out gifts to its constituencies…Especially troubling are tens of billions of taxpayer dollars the bill gives American tech companies to make semiconductors, with no requirement that those companies change their business relationships in China." Source: Walter Lohman (Director, Heritage Foundation Asian Studies Center)

•     "[The America COMPETES Act] is weak and fails to properly confront the China threat, and it throws billions at unrelated issues that have nothing to do with our national security. For example, it includes millions to study coral reefs and gives billions to the United Nations Green Climate Fund. At the same time, there is no money to enforce our sanctions laws or increase our military strength." Source: Rep. Jim Banks (Republican, Indiana, District 3)