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House Democrats say GOP caved to Musk in funding bill, protecting his China interests

22 December 2024
in World
House Democrats say GOP caved to Musk in funding bill, protecting his China interests
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House Democrats Jim McGovern and Rosa DeLauro accuse their Republican colleagues of giving in to Elon Musk’s demands, causing the collapse of a bipartisan government funding bill that would regulate U.S. investments in China. A separate stopgap funding bill was passed to prevent a government shutdown. Musk’s interests in China, including Tesla and SpaceX projects, have raised concerns about U.S. security and his relationship with Chinese leaders, leading to criticism from Democrats like DeLauro, who referred to Musk as “President” Musk in a letter to Congress. Musk, a major backer of President Trump, has been accused of influencing government decisions and policies through his close ties with Trump and significant financial contributions to the Republican party.

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Tags: AutosBillBreaking News: Politicsbusiness newscavedChinaDemocratsDonald TrumpElectionsElon MuskFundingGOPHouseinterestsJoe BidenMuskPoliticsProtectingtechnologyTesla IncVenture capital
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