Washington,
D.C. –
U.S. Senators Pat Toomey (R-Pa.) and Chris Van Hollen (D-Md.) issued the
following statement regarding the Treasury Department’s report that did not
name any financial institutions under the Hong Kong Autonomy Act:
“The most reasonable justification for Treasury not having named
any foreign banks in today’s report is if all foreign banks ended
their relationships with the Hong Kong and Chinese communist officials
responsible for the erosion of Hong Kongers’ basic freedoms. We know this
very likely isn’t the case. The Treasury Department should use all the
tools at its disposal, provided by the Hong Kong Autonomy Act,
to investigate and hold accountable those banks, especially Chinese financial
institutions, who seek to destroy democratic rights in Hong Kong. Anything
less is unacceptable.”