mr. mchenry has and i know mr. mchenry, he's had a great career in the house. he's a smart guy, he was chief deputy whip, he did good things. on this, the most important geopolitical issue is wrong. their argument is if you invest in china, they will become like switzerland, that is the view the clinton administration had. >> laura: it is ridiculous. >> by the way, at that time, you and i both said it was nonsense, this is the why we gave china this relationship. they are more authoritarian, more aggressive, more antiamerican, they spy on us more. they send over 24,000 people, frame of reference, that is about two army divisions. >> laura: bob, china is, let me say, china has structural problems, real estate collapse, other issues, why would mchenry and why would any republican, let alone any elected official want to throw them a lifeline? reagan didn't do that with the soviet union? >> it makes no sense at all thchl is very important amendment, not nearly strong enough. it was watered down by chamber of commerce and biden administration, it is important we pas

mr. mchenry has, and i should say, you know, i know mr. mchenry a little bit.has a great career in the house. he's a smart guy. you know, he was chief deputy whip. he did good things. he helped us with usmca and a lot of things. on this, the most geopolitical issue, he's wrong. so their argument basically is, look, if you invest more in china. do you more business with china, they are going to become like switzerland that exactly the view that the clinton administration had. >> laura: it's ridiculous. >> by the way, at that time you and i both said it was nonsense. that was the reason we gave china the favored trade relationship. it was because of this notion. now we are 23 years later. we have transferred probably $10 trillion to them. they are more authoritarian. they are more aggressive. they are more anti-american. they spy on us more. they send over, as you just showed. 24,000 penal. just for -- give you a frame of reference. that's about two army divisions that we know of. right? that doesn't even count. >> laura: bob, china is -- let me just say china ha

mr. calvert: i thank the gentlelady. next, sherman patrick mchenry. mr. mchenry: i thank the gentleman for hosting a special order for a special friend. kevin mccarthy's relentless perseverance, keen insights and unmatched knowledge of the house was amazing to witness firsthand. while the public saw the 15 rounds of votes in january, the historic spending cuts of the responsibility act, privately what i got to see was the legislative equivalent of an elite power athlete. expertly working people, process, policy to get the best outcome in this chamber. truly expertise he had honed in his service in the california state assembly and here in congress to make this place work. and it takes a legislative craftsman to make an institution like this work. it takes history. it takes training. it takes focus, energy. it takes will, perseverance, grit. i got to see all those things in kevin. everybody else got to see the sunny optimism, the personalities he loved embracing, his spirit of friendship for people he just met. and that was wonderful to see. but to see him

mr. mchenry and mr.ference of opinion about what the most effective way that is to track it, stop it and expose it and make sure it's approved in the right way before any kind of dual use technology puts america a at risk by funding china so the debate's about not doing it or not doing it it's about how to do it. house republicans and senate republicans working with democrats, we'll get this right and we'll get a provision that scrutinizes outbound investments going to china. maria: i mean, we still have companies right now that are in our indexes and that have been sanctioned. so the government of the united states sanctions chinese companies that are tied to the military of our number one adversary and yet american investors are still investing in them and, you know, funding the expansion of communist china, really? >> that's why i support the bill that andy barr of concern kentut that uses the treasury's process. i think that's the way you will get an international support for american sanction the if

mr. mchenry, from the great state of north carolina. the speaker pro tempore: the gentleman from north carolina is recognized for one minute. mr. mchenry: thank you, madam speaker. small businesses are the lifeblood of the american economy. when you burden some business, you limit job growth, you limit economic gain, you limit economic opportunity, you limit american growth w more regulation on businesses it drives up the cost of doing business. i want to commend the chair of the small business committee for this resolution that we have on the house floor today. it is in support of american small business. this resolution would stop the cfpb's small business data collection rule which is onerous, overly complex, and difficult to implement, but all american businesses would be burdened by it. disproportionately the small businesses that create most of the jobs in america. this rule would stifle american businesses' access to affordable credit and facilitate the naming and shaming of lenders whose business practices are legal, nonjimtory,

mr. calvert: i thank the gentlelady. next, sherman patrick mchenry. mr. mchenry: i thank the gentleman for hosting a special order for a special friend. kevin mccarthy's relentless perseverance, keen insights and unmatched knowledge of the house was amazing to witness firsthand. while the public saw the 15 rounds of votes in january, the historic spending cuts of the responsibility act, privately what i got to see was the legislative equivalent of an elite power athlete. expertly working people, process, policy to get the best outcome in this chamber. truly expertise he had honed in his service in the california state assembly and here in congress to make this place work. and it takes a legislative craftsman to make an institution like this work. it takes history. it takes training. it takes focus, energy. it takes will, perseverance, grit. i got to see all those things in kevin. everybody else got to see the sunny optimism, the personalities he loved embracing, his spirit of friendship for people he just met. and that was wonderful to see. but to see him

mr. mchenry would be and in two words that are often used fair and respectful. he has run this committee in a way that respects the importance of debate, although our side has sometimes used the rules to extend that debate and ensured that all members, democrats and republicans have a chance to share their views. and while we don't agree on every policy, or many for that matter. i personally worked well with the chair on many issues from passing a national emergency federal assistance program and significant resources with community development and national institutions during the pandemic to reauthorizing the terrorism risk insurance act and export-import well, eventually we got good on that one. he and i were up until 3 a.m. in the morning on that bill and many of you may not know that we also worked closely together passing legislation before he rose to his leadership position to improve crowd funding rules and to enable angel invests to support small businesses. i will also say that i recognize that this decision to retire was likely not an easy one, but the

mr. president, as you know, nothing here is ever simple. evidently the chairman of the house financial services committee, patrick mchenry, i don't know him, seems like a nice guy from what i hear, but, with boy, is this guy misguided. because it's all over the press that he fought like crazy to strip this provision out of the ndaa. why would he do that? by the way, he's retiring, so i'm not sure why we would give him a lot of say anymore. but somehow, some way, mr. president, one congressman, republican, by the way, over in the house convinced the house to strip this transparency provision that's meant to undermine in bad guy, they stripped it out of the ndaa. so it's not in the national defense authorization act because one congressman said i don't want it in. 91 senators said we need it in. by the way, the vast majority of the house wants it in. you have a really strong house member, congressman gallagher, who is leading this bipartisan china commission, he says it's really important. the biden administration wants it in. i talked to the secretary of commerce raimondo, they want it in, but one congressman who isn't going to be around an