US Senate passes bill to sanction banks over Hong Kong security law

US Senate passes bill to sanction banks over Hong Kong security law
  • Clock-gray 04:28
  • calendar-gray 03 July 2020

The US Senate passed a bill on Tuesday sanctioning banks that do business with those Chinese officials who implement Beijing's new national security law on Hong Kong, sending it to the White House for President Donald Trump's signature.

"The United States must stand with the people of Hong Kong and that's what this bill says. This bill says we stand with the people of Hong Kong," Senator Chris Van Hollen, one of the leading sponsors of the legislation, said ahead of the vote.

Senator Pat Toomey stated that by passing the legislation, "the US Senate makes clear which side we are on".

The bill was passed unanimously by the Senate a day after the House of Representatives also passed it without opposition.

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