A US M1A2 SEP Abrams battle tank. Photo: Park Ji-Hwan/AFP/Getty Images

Congress has received notification of a potential $2 billion U.S. sale of tanks and other weapons to Taiwan, Reuters first reported Wednesday, citing 4 sources who spoke on condition of remaining anonymous.

Details: Bloomberg reports the Pentagon and State Department outlined to Congress the deal would include a resupply of anti-air and anti-armor weapons and the first-time sale of the U.S. Army’s the M1A2 tank, described as the "backbone of the armored forces."

Why it matters: Such a sale would likely anger China, which regards the self-ruled Taiwan as a breakaway province. Taiwan has become one of several flashpoints in the U.S.-China relationship, as the trade war shows no signs of abating and negotiations between the 2 countries continue to stall.

The big picture: Acting Defense Secretary Patrick Shanahan said on Saturday the U.S. is prepared to invest billions of dollars in securing stability in the Indo-Pacific region.

Go deeper: The big picture: China's push to erase Taiwan

Go deeper

Updated 42 mins ago - Politics & Policy

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Biden to Senate GOP after RBG passing: "Please follow your conscience"

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The state of play: Senate Majority Leader Mitch McConnell said soon after the news of Ginsburg's death that President Trump's nominee would get a vote on the Senate floor.

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Photo: Eduardo Parra/Europa Press via Getty Images

Thousands of leaked government documents covering at least $2 trillion worth of transactions reveal how some of the world's biggest banks knowingly moved around the money of oligarchs, terrorists and criminals, with few consequences, according to a massive investigation by BuzzFeed News, the International Consortium of Investigative Journalists (ICIJ) and hundreds of other news organizations.

The big picture: The investigation, published on Sunday, examines more than 2,100 suspicious activity reports (SARs) filed by banks and other financial firms with the U.S. Department of Treasury’s Financial Crimes Enforcement Network, known as FinCEN.