(Corrects typographical error in headline)
(Reuters) – The Biden administration approved more than $23 billion worth of licenses for companies to ship U.S. technology to blacklisted Chinese companies in the first quarter of last year, Republican Congressman Michael McCaul said on Tuesday.
McCaul also said the Commerce Department, which oversees export controls, denied only 8 percent of license requests to sell to those companies during the January to March period last year.
(Reporting by Karen Freifeld and Alexandra Alper; Editing by Chizu Nomiyama)