China risks should get disclosed by large US companies, says former SEC chair ...Middle East

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Rep. Mike Turner, R-Ohio, joins ‘Varney & Co.’ to discuss the growing tensions between the U.S. and China, and Elon Musk’s recent involvement in the Russia-Ukraine war. Large U.S. companies should start disclosing their exposure to China to shed light on potential risks for the benefit of investors and policymakers, the former head of the Securities and Exchange Commission (SEC) told lawmakers on Tuesday. Jay Clayton, who led the SEC from 2017 to 2020, testified at a field hearing held by the House Select Committee on the Chinese Communist Party (CCP) in New York and proposed a pilot program in which public U.S. companies that meet certain thresholds would disclose

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