Financial Times: RWR’s CEO Comments on White House Discussions Concerning Executive Order on China
Posted Friday, December 18, 2020 at 12:49pm
On December 17, 2020, the Financial Times’ Demetri Sevastopulo published a piece on turmoil within the Trump Administration over how to interpret the President’s Executive Order of November 12 prohibiting U.S. investors from transacting in the equities of Chinese companies designated by the U.S. Department of Defense as affiliated with the Chinese military. Robinson noted in the piece, “Treasury is reportedly insisting on narrowing, diluting and otherwise defanging key provisions of the order…It appears to demonstrate more interest in protecting Wall Street’s fees and Beijing’s interests than scores of millions of unwitting American retail investors and our national security.”