Balanced News: U.S. House China panel holds first hearing after lawmakers push seven bills targeting Beijing

The U.S. House China panel is holding its first hearing on Tuesday night to examine economic competition between the U.S. and China. Seven out of 10 bills passed by the House Financial Services Committee Tuesday addressed China or its neighbor, Taiwan. The House panel approved the following bills Tuesday: The Senate Committee on Banking, Housing and Urban Affairs also queried witnesses Tuesday on advancing U.S. national security through sanctions and export controls.