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Watch live: Schumer, top Dems announce national security, China competition bill

Senate Majority Leader Chuck Schumer (D-N.Y.) and other top Democrats are slated to speak Wednesday about a new national security and China competition bill. 

Senate and House lawmakers introduced bipartisan legislation in April that would boost cybersecurity collaboration between the U.S. and Taiwan to counter cyberattacks from China.

The event is scheduled for 12 p.m. ET.