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Senators request “significant” budget increase for BIS

US Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, along with Senators Jack Reed (D-RI), Bob Menendez (D-NJ), and Mark Warner (D-VA) have urged President Biden to “significantly increase funding” for the Bureau of Industry and Security (“BIS”). In a letter to the President, the Senators emphasized that BIS requires enough budget to strengthen US export control rules and enforcement, and protect US emerging technology and thereby national se...

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