Three Florida congressmen are pushing legislation to ensure that funds from the Coronavirus Aid, Relief, and Economic Security (CARES) Act do not go to companies connected to the Chinese regime.
U.S. Rep. Bill Posey, R-Rockledge., unveiled the “Accountability for CARES Act” on Monday with the backing of a handful of Republicans including U.S. Reps. Matt Gaetz, R-Fla., and Ross Spano, R-Fla.
“Some media reports indicate that perhaps several hundred million dollars of CARES Act funding may have gone to companies that Chinese entities own or invest in,” said Posey on Thursday. “Our legislation will ensure that American small businesses benefit from economic assistance during the pandemic while also strengthening our national security.”