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Chinese ships patrol as the People's Liberation Army conduct military drills on Pingtan island—the closest point to Taiwan—in eastern Fujian Province, China, on Dec. 30, 2025. Adek Berry/AFP via Getty Images
On March 3 and March 5, Under Secretary of War Elbridge Colby appeared before the Senate and House Armed Services Committees. In both sessions, lawmakers asked the same question: What is the current state of the United States’ ability to defend Taiwan?
Li Li, CFA, CIPM, CFP®, is an adjunct professor in the M.S. in Financial Planning program at New York University and a wealth management advisor at Forest Hill Financial Group. She studied economics at Rutgers University and the University of California–San Diego, has taught economics at Pace University, and previously served as a strategist and analyst at AT&T. She can be reached at [email protected]
