The ban, which affects companies including Huawei, China Mobile and China Telecom, is the administration’s first major move toward decoupling American financial markets from China.
Some lawyers at Jones Day and Porter Wright, which have filed suits about the 2020 vote, said they were worried about undermining the electoral system.
Democrats are eyeing the programs as a backup option if they can’t strike a deal to aid states and localities, and believe they may be needed to backstop markets. Republicans want them off the table.
Jon Meacham, best known for writing about past presidents like Andrew Jackson and George Bush, has helped shape some of Joseph R. Biden Jr.’s most significant speeches.
