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Sen. Marco Rubio. Photo: Chip Somodevilla/Getty Images

Senator Marco Rubio will introduce the Fair Trade With China Enforcement Act "to guard the American people against China’s nefarious influence on national and economic security, directly targeting China’s tools of economic aggression."

Why it matters: Bipartisan forces are aligning across D.C. to take a much tougher approach to China. Beijing may find a way to blunt some of the Trump administration trade threats but Congress is even more hawkish towards the PRC.

The details: According to an OpEd by Rubio in the Washington Post, the legislation would:

  • Ban the sale of all sensitive technology or intellectual property to Chinese entities and impose a shareholding cap on Chinese investors in American corporations.
  • Amend the 1984 income tax treaty with China to impose a withholding tax on Chinese entities earning investment and dividend income in the United States.
  • Impose duties on Chinese capital goods in the sectors targeted by the “Made in China 2025” plan.
  • Raise taxes on the foreign income of multinational corporations if they enter into vulnerable “joint ventures” with Chinese firms.

Go deeper

3 hours ago - Politics & Policy

Trump to issue at least 100 pardons and commutations before leaving office

Photo: Mandel Ngan/AFP via Getty Images

President Trump plans to issue at least 100 pardons and commutations on his final full day in office Tuesday, sources familiar with the matter told Axios.

Why it matters: This is a continuation of the president's controversial December spree that saw full pardons granted to more than two dozen people — including former Trump campaign chair Paul Manafort, longtime associate Roger Stone and Charles Kushner, the father of Trump's senior adviser and son-in-law, Jared Kushner.

  • The pardons set to be issued before Trump exits the White House will be a mix of criminal justice ones and pardons for people connected to the president, the sources said.
  • CNN first reported this news.

Go deeper: Convicts turn to D.C. fixers for Trump pardons

Schumer's m(aj)ority checklist

Senate Minority Leader Chuck Schumer. Photo: Tasos Katopodis/Getty Images

Capitalizing on the Georgia runoffs, achieving a 50-50 Senate and launching an impeachment trial are weighty to-dos for getting Joe Biden's administration up and running on Day One.

What to watch: A blend of ceremonies, hearings and legal timelines will come into play on Tuesday and Wednesday so Chuck Schumer can actually claim the Senate majority and propel the new president's agenda.

The dark new reality in Congress

National Guard troops keep watch at security fencing. Photo: Kent Nishimura/Los Angeles Times via Getty Images

This is how bad things are for elected officials and others working in a post-insurrection Congress:

  • Rep. Norma Torres (D-Calif.) said she had a panic attack while grocery shopping back home.
  • Rep. Jim McGovern (D-Mass.) said police may also have to be at his constituent meetings.
  • Rep. Adam Kinzinger (R-Ill.) told a podcaster he brought a gun to his office on Capitol Hill on Jan. 6 because he anticipated trouble with the proceedings that day.