Concerns over whether Bureau of Industry and Security, which maintains entity list, would be able to do its job
Keeping critical tech out of the hands of US adversaries is about to get harder for the Bureau of Industry and Security (BIS) with the Trump administration seemingly poised to slash its already meager budget by $20 million.
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"Cutting off these resources will devastate ongoing national security initiatives that advance our interests across the globe, and I trust Presidents Xi and Putin thank Trump for this latest gift he has delivered them," said Senator Patty Murray (D-WA), vice chair of the Appropriations Committee.
The BIS is responsible for maintaining the US entity list, an ever-growing index of foreign companies that American corporations are banned from doing business with unless granted an exception. Just this week, the BIS added some 80 entities to the list, many linked to China, that have attempted to get their hands on cutting-edge AI and supercomputing components.
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Remind me, please: who was it started sticking Chinese companies on the Entities List like there was no tomorrow?