Article Image
IPFS News Link • Trump Administration

Trump administration to study ways to protect for U.S. investors from Chinese firms


Speaking at a White House briefing to unveil measures targeting Beijing over Hong Kong, Trump said he is instructing the presidential working group on financial markets to study "differing practices of Chinese companies listed on U.S. markets with the goal of protecting American investors," Trump said.

"Investment firms should not be subjecting their clients to the hidden and undue risks associated with financing Chinese companies that do not play by the same rules," he said, adding that Americans are entitled to "fairness and transparencies."

Members of the working group include Treasury Secretary Steven Mnuchin, Federal Reserve Chairman Jerome Powell, Federal Reserve Bank of New York President John Williams, Securities and Exchange Chairman Jay Clayton and other regulatory officials.