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Capitol Report (July 19): CCP Purchasing US Agriculture ‘Alarming’; Bannon Trial Begins

As inflation rages on, senators are advancing a bill hoping to lower costs on things like cars, computers, and more. They say it’s aimed at reducing our dependence on China and Taiwan for semiconductor chips.

China has its eyes set on U.S. agricultural land. Although the amount they have been acquiring might not appear to be much, it is intentional, and one U.S. congressman says the trend is cause for concern.

Undeterred by Beijing’s warnings, House Speaker Nancy Pelosi is reportedly visiting Taiwan next month. What’s so special about the timing, and how’s the Chinese Communist Party reacting?

The FBI and Department of Justice say they have disrupted a group of hackers backed by North Korea’s regime. The hackers have been working with China-based money launderers to extort money from U.S. medical organizations.

The price at the pump is finally falling. The White House and some analysts say we could see average U.S. gas prices drop below $4 per gallon in the coming weeks.

Dr. Anthony Fauci says he may retire, but there are still many questions about how he handled the early stages of pandemic and beyond. Rik Mehta, a former FDA official and Georgetown law professor, joins us to discuss.

An alleged fraudulent scheme that cost innocent investors millions of dollars ended on Monday. The Chinese naturalized U.S. citizens allegedly tricked foreign donors into investing millions of dollars in a fake project. The pair claimed to have close ties to former President Donald Trump.


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