Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

Politics

Hawley urges DOJ probe of Chinese trucking company

by admin May 30, 2025
May 30, 2025
Hawley urges DOJ probe of Chinese trucking company

Sen. Josh Hawley, R-Mo., asked the Justice Department on Thursday to investigate a Chinese-owned self-driving trucking company, one of the largest in the U.S., citing allegations that it had shared proprietary data and other sensitive technology with state-linked entities in Beijing. 

The letter, sent to U.S. Attorney General Pam Bondi and previewed exclusively to Fox News Digital, asks the Justice Department to open a formal investigation into the autonomous truck company TuSimple Holdings, a Chinese-owned company and one of the largest self-driving truck companies in the U.S. 

In it, Hawley cites recent reporting from the Wall Street Journal that alleges that TuSimple ‘systematically shared proprietary data, source code, and autonomous driving technologies’ with Chinese state-linked entities— what he described as ‘blatant disregard’ of the 2022 national security agreement with the Committee on Foreign Investment in the United States, or CFIUS.

‘These reports also revealed communications from TuSimple personnel inside China requesting the shipment of sensitive Nvidia AI chips and detailed records showing ‘deep and longstanding ties’ with Chinese military-affiliated manufacturers,’ Hawley said. 

He noted that to date, TuSimple ‘has not faced serious consequences’ for sharing American intellectual property with China, despite having continued to share data with China after signing a national security agreement with the U.S. government in 2022, which was enforced by the Committee on Foreign Investment in the U.S.

‘If the reports about TuSimple are accurate, they represent not just a violation of export law, but a breach of national trust and a direct threat to American technological leadership,’ Hawley said. 

‘The American people deserve to know how and why a supposedly U.S.-based company was allowed to serve as a conduit for the transfer of sensitive innovations to the Chinese Communist Party,’ he added.

The letter asks Bondi and the Justice Department to take certain steps to investigate the company’s actions, as alleged by the recent reports – including investigating whether TuSimple provided protected information to any Chinese-based entities, and what activities were covered by the company’s national security agreement with CFIUS, struck more than two years ago. 

Hawley also asked Bondi what actions, if any, DOJ has taken to date to ensure that Bot Auto—a new Texas-based self-driving vehicle company staffed by many former TuSimple employees, ‘is not engaging in similar behavior.’

According to the Wall Street Journal report, TuSimple’s actions helped shape new Commerce Department regulations, which blocked the sale of internet-linked cars and different components with links to China. According to the report, a CFIUS investigation determined TuSimple’s tech sharing did not violate the official national security agreement— but the company was fined for other infractions, and ultimately paid out a $6 million settlement. 

The letter comes as Hawley, who chairs the Senate Judiciary Committee’s Subcommittee on Crime and Counterterrorism, has emerged as one of the Senate’s more vocal critics of the Chinese Communist Party, especially as it relates to the conduct of certain U.S. companies, and the sharing of certain intellectual property. 

This post appeared first on FOX NEWS

previous post
Flashback: Top five wildest moments from Elon Musk’s DOGE tenure as it comes to an end
next post
Nuclear Power Trio: OKLO, SMR, and CCJ in Focus

Related Posts

Trump State Department declares Tren de Aragua, MS-13,...

February 20, 2025

Trump inauguration performer Gavin DeGraw salutes ‘businessman running...

January 23, 2025

Trump will attend Pope Francis’ funeral in Rome...

April 22, 2025

DOGE Caucus leader Joni Ernst eyes relocation out...

December 19, 2024

DAVID MARCUS: Jake Tapper chose lying Biden sources...

May 26, 2025

FLASHBACK: Biden shrugs off Hur report when pressed...

May 17, 2025

Trump admin slams UK, Canada, Australia and others...

June 12, 2025

NASA backs Trump budget blueprint with $6B cut...

May 6, 2025

Axed government watchdog says Trump was right to...

March 8, 2025

Oklahoma Sen Mullin confident Hegseth will be confirmed,...

January 25, 2025

Recent Posts

  • Three Stocks in Focus: One Old Favorite, One Mag Name, and a Dow Comeback Story
  • July Strength, Late-Summer Caution: 3 Charts to Watch
  • State Department says 59,000 tons of food assistance are in motion after reports of incinerated aid
  • Pentagon to probe Microsoft’s use of Chinese engineers on sensitive defense systems, Hegseth says
  • Patel touts FBI’s dozens of convictions in $250 million Minnesota COVID scam

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • Three Stocks in Focus: One Old Favorite, One Mag Name, and a Dow Comeback Story

    July 19, 2025
  • July Strength, Late-Summer Caution: 3 Charts to Watch

    July 19, 2025
  • State Department says 59,000 tons of food assistance are in motion after reports of incinerated aid

    July 19, 2025
  • Pentagon to probe Microsoft’s use of Chinese engineers on sensitive defense systems, Hegseth says

    July 19, 2025
  • Patel touts FBI’s dozens of convictions in $250 million Minnesota COVID scam

    July 19, 2025
  • EPA announces 23% workforce reduction and closure of research office as part of federal streamlining

    July 19, 2025

Editors’ Picks

  • 1

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 2

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 3

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 4

    Uranium Price Forecast: Top Trends That Will Affect Uranium in 2025

    December 19, 2024
  • 5

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
  • 6

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 7

    Trudeau declares himself ‘proud feminist’ after lamenting Harris loss to Trump as setback for women

    December 13, 2024
Promotion Image

banner

Categories

  • Business (457)
  • Investing (1,595)
  • Politics (1,967)
  • Stocks (664)
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: bullhedging.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2025 bullhedging.com | All Rights Reserved