A group of bipartisan lawmakers introduced a bill on Tuesday that would sanction Chinese tech conglomerate Huawei, preventing them from accessing any banks in the United States.
The bill was helmed by Sen. Tom Cotton (R-Ark.) along with Sen. Rick Scott (R-Fla.), Sen. Chris Van Hollen (D-Md.), and Senate Majority Leader Chuck Schumer (D-N.Y.). The legislation seeks to "severely sanction" Huawei "and other untrustworthy Chinese 5G producers who engage in economic espionage."
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