https://twitter.com/kylenabecker/status/1716625467174793332
Kyle Becker
@kylenabecker
The Great 'Sequoia' That Has Sprout Up at the Heart of America's Government: Congress Probes for CCP Ties
Congress is looking closely at one of the most well-known financial groups in Silicon Valley because of the money it has invested in China.
Congress has asked Sequoia Capital in a polite but pointed way to explain more about how it will stop more U.S. investment dollars from going to China.
The Select Committee on the Chinese Communist Party, which is led by Mike Gallagher (R-WI), wants more proof that Sequoia is really breaking up.
It asks for more information on the reported 50% of Sequoia Capital China limited partners who are based in the U.S. and how they have invested.
They also want to know if that is enough to keep U.S. dollars from going to China to fund their work in quantum computing, semiconductors, AI, and other important tech areas, as is now required by a recent Executive Order.
Below is the letter that was sent to Sequoia. It calls the split "a step in the right direction," but it asks Sequoia to name all the Chinese-based companies it has invested in, along with a lot of information about each one, such as who owns the company, how decisions are made, and so on.
Sequoia Capital is one of the top 100 lobbyists in America. In particular, it has dumped millions into Republican or "Conservative" PACs and Leadership funds.
That includes PACs/funds run or influenced by Mitch McConnell, Kevin McCarthy, and Paul Ryan.
It is time to cut the head off the CCP snake. There needs to be major reforms to how lobbyists are able to influence our nation's government, undermine our economy, and subvert our foreign policy.
'Sequioa' is an outstanding test case to probe any malign influence China may be wielding on our government through Silicon Valley firms.
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2:19 PM · Oct 23, 2023
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