President Biden spoke to reporters Monday after having met with President Xi of China for about 3 hours. Content created by Conservative Daily News is available for re-publication without charge under the Creative Commons license. Visit our syndication page for details.
OAN Newsroom UPDATED 12:16 PM PT – Monday, November 14, 2022
President Joe Biden reiterated that the U.S. will continue to abide by the One China Policy following his meeting with Chinese President Xi Jinping.
On Monday, while speaking to reporters in Bali, Biden downplayed concerns of Chinese aggression in Taiwan by saying that he does not believe China will imminently invade the island.
“Our One China policy, has not changed, has not changed,” Biden said. “We oppose unilateral change in the status quo by either side and we’re committed to maintaining the peace and stability in the Taiwan straits.”
The 46th President also said he and Xi spoke about the conflict in Ukraine as well as deterring North Korea’s nuclear ambitions. Biden has noted that he sees no need for a “new Cold War” with the Communist nation.
“We had an open and candid conversation about our intentions and our priorities,” Biden said. “It was clear – he was clear, and I was clear: that we will defend American interests and values, promote universal human rights, and stand up for the international order and work in lockstep with our allies and partners. We’re going to compete vigorously, but I’m not looking for conflict. I’m looking to manage this competition responsibly.”
Monday’s meeting was the first in-person conversation between the two since Biden took office.
OAN Newsroom UPDATED 11:17 AM PT – Monday, November 14, 2022
The founder and CEO of the collapsed cryptocurrency exchange, FTX , has admitted to cooperating with the Ukrainian government.
In a CNN interview, Sam Bankman-Fried said that FTX has had financial transactions with the Ukrainian government and individuals in the recent months.
“We’ve seen millions of dollars go through the systems we’ve given,” Bankman-Fried said. “I think that close to a million are sales as well to support humanitarian aid in Ukraine.”
Separate reports have revealed that Bankman-Fried was the second-biggest donor to the Democrat party this year and in 2021.
The cryptocurrency mogul has called for a fully digital banking system to replace traditional finances.
“What it would take to get funds move to the government that we do have a relationship with the Ukraine government for raising capital,” Bankman-Fried said. “For them using cryptocurrencies, that runs through FTX, what they’re getting from the government or whether it’s getting money to individuals there in need. It can be important to have a fully digital banking system and fully digital way of handling their payments. That’s, you know, an international one. That is the core of what’s helping to support in Ukraine.”
Republican lawmakers are calling for an audit of all U.S. taxpayer money that is being sent to Ukraine, by raising concerns of potential corruption.
OAN Newsroom UPDATED 10:07 AM PT – Monday, November 14, 2022
The scheduled vote for GOP leadership within the Senate is set to move forward, despite a push for postponement.
According to reports on Sunday, Republican Senators wanted to consider the completion of the Georgia runoff, as well as growing party frustrations with Senate Minority Leader Mitch McConnell (R-Ky.) first.
Senators Marco Rubio (R-Fla.), Josh Hawley (R-Mo.), Ted Cruz (R-Texas), Ron Johnson (R-Wis.), Rick Scott (R-Fla.), and Mike Lee (R-Utah) have all called for a delay in the leadership elections.
Regardless, the vote will still be proceed as planned on Wednesday morning.
Benjamin Netanyahu begins forming a new government in Israel; CBN Middle East Bureau Chief Chris Mitchell talks about what Netanyahu faces in choosing a new Cabinet, potential divisions with the Biden administration, and the expected differences …