Washington DC, June 12 -- Chairman John Moolenaar (R-MI) and all 11 Republican members of the House Select Committee on the Chinese Communist Party wrote to U.S. Treasury Secretary Janet Yellen, requesting that the Office of Foreign Assets Control and Financial Crimes Enforcement Network investigate six People's Republic of China (PRC) companies that support Iran's military and energy sectors. According to a release by the Select Committee on the CCP, these corporations assist Iran in circumventing existing US sanctions and jeopardize US strategic interests.

Billions of dollars in US investment, goods, and services flow to these PRC enterprises. In an April report, the Select Committee discovered that as of 2023, $6.5 billion in US inves...