During recent congressional hearings, U.S. lawmakers emphasized the importance of the Treasury market and the threats posed by Communist China. Chair Frank Lucas highlighted the U.S. Treasury market as the foundation of the global financial system, urging the need to safeguard its status. Chairman French Hill warned that a malfunctioning Treasury market could hinder economic growth and consumer financing. In a related discussion, Chairman Bryan Steil stressed the necessity for legislation that provides clear guidelines for market participants. Concurrently, Florida Senator Rick Scott declared that Communist China has become an adversary and called for American families and businesses to cease purchasing Chinese-made goods. He also announced a legislative package aimed at countering China's influence in U.S. markets to protect investors and national security. Additionally, Chairman Mark Green shared insights on bipartisan efforts to combat terrorism threats and the Chinese Communist Party's malign influence on the homeland.