H.R. 7758, titled the "No China in Index Funds Act," aims to stop index funds from investing in companies connected to China. The bill requires these funds to remove their current investments in Chinese companies within 180 days from the enactment of the law. If an index fund...
Simple Explanation
H.R. 7758 is a bill that wants to stop big groups of investments, called index funds, from putting money into companies connected to China, and if they don't follow this rule, they could be punished with a fine. It also gives them about six months to sell any Chinese company investments they already have.