Washington, D.C. – Congresswoman Elise Stefanik, Rep. Mike Gallagher (R-WI), Chairman of the House Select Committee on the Chinese Communist Party, and Chairman of the House Foreign Affairs Committee, Michael McCaul (R-TX), released the joint statement below following Commerce Secretary Gina Raimondo's call for additional funds for the Bureau of Industry and Security--the Department's enforcement arm for export controls.

“Before we agree to work with Secretary Raimondo to provide additional resources to the Bureau of Industry and Security, the Department of Commerce must institute necessary reforms to keep U.S. technology from our adversaries. Resources alone will not address the shortcomings in our export control regime. Revoking Huawei licenses, adding BGI and Inspur subsidiaries to the Entity List, or cutting SMIC off from U.S. technology is not a matter of money, but political will. Any conversation about additional resources must be matched with actions that demonstrate BIS is being reformed into a true national security agency that will do what needs to be done to counter China and other adversaries.”