CCP INFLUENCE: Two House chairmen are calling on Treasury and the IRS to investigate whether China is funneling money through America's own tax-exempt nonprofit system to sabotage the buildout of U.S. artificial intelligence infrastructure.
Reps. Jason Smith and John Moolenaar fired off a letter to Treasury Secretary Scott Bessent and IRS CEO Frank Bisignano alleging that influence operations linked to China are exploiting nonprofits, donor-advised funds and social media campaigns to fuel opposition to the data centers powering America's AI industry. The letter landed just ahead of Chinese leader Xi Jinping's visit to the White House, according to exclusive reporting from Fox News Digital's
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The lawmakers say a bicameral congressional investigation — spanning the Ways and Means Committee, the House Select Committee on the CCP and the Senate Intelligence Committee — has been examining how the CCP allegedly weaponizes America's charitable sector to sow discord and undermine democratic debate.