CPA to Federal Retirement Board: Investing Federal Pension in Chinese Companies is Economic Treason

WASHINGTON — The Coalition for a Prosperous America (CPA) today called on the Federal Retirement Thrift Investment Board (FRTIB) to abandon reported plans that it is poised to once again to start investing the retirement funds of participants in the Thrift Savings Plan (TSP) in companies owned or controlled by the Chinese Communist Party (CCP).…

CPA Launches Americans for Safe Drugs

Fighting Against Chinese & Indian Generic Pharmaceutical Manufacturers Exporting Unsafe Products to the U.S. WASHINGTON — The Coalition for a Prosperous America (CPA) today announced the launch of Americans for Safe Drugs©, a new campaign fighting against foreign generic pharmaceutical manufacturers in China and India that are flagrantly violating the Food and Drug Administration’s (FDA)…

CPA Applauds Wyden, Portman Bipartisan Bill to Disallow Foreign Tax Credits and Other Tax Benefits for Companies Operating in Russia

WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded Senate Finance Committee Chair Ron Wyden (D-OR) and Senate Finance Committee Member Rob Portman (R-OH) for releasing a discussion draft of legislation to disallow Foreign Tax Credits for companies that pay taxes to the Russian government, and other tax benefits. Yesterday, CPA released a…

CPA Applauds Unanimous Senate Vote to Revoke Russia’s PNTR Status

WASHINGTON — The Coalition for a Prosperous America (CPA) applauded the U.S. Senate for unanimously passing amended legislation that would repeal permanent normal trade relations (PNTR) status for Russia and Belarus. The Senate action follows a unanimous vote in the House last month to revoke Russia’s PNTR status. The House passed the amended Senate bill…

JQI Edges Up As COVID Recovery Continues

WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) rose to 80.43 in February, up 0.33%from the previous month, reflecting a rise in high-wage jobs that exceeded the rise in low-wage jobs in the month. The job count grew significantly in high-quality sectors including construction, professional/business services,…

CPA Urges Speaker Pelosi to Pass Legislation Imposing Capital Markets and Secondary Sanctions on China and Russia

WASHINGTON — The Coalition for a Prosperous America (CPA) urged House Speaker Nancy Pelosi (D-CA) to prioritize the passage of additional legislation to impose capital markets sanctions and secondary sanctions on Russia and China. Earlier this month, CPA applauded the House for unanimously passing legislation (H.R. 7108) that would repeal permanent normal trade relations (PNTR)…

CPA, Independent Retailers Call on Congress to Address De Minimis Loophole Exploited by China

WASHINGTON — The Coalition for a Prosperous America (CPA) today, along with nearly a dozen independent retail associations, called on Congress to address an import loophole, known as de minimis, that is used by non-market economies and counterfeiters to ship hundreds of millions of packages valued under $800 into the United States without inspection, information…

CPA Applauds Commerce Department for Initiating Investigation into Illegal Chinese Circumvention

WASHINGTON — The Coalition for a Prosperous America (CPA) released a statement after the Department of Commerce initiated an anticircumvention investigation into Chinese companies operating in Malaysia, Thailand, Vietnam, and Cambodia that are illegally circumventing existing antidumping and countervailing (AD/CVD) duty orders on solar cells and modules from China. The decision comes after Auxin Solar,…

CPA: China Tariff Exclusions Harm American Manufacturers & Workers

WASHINGTON — The Coalition for a Prosperous America (CPA) is disappointed that 301 tariff exclusions were extended on 352 products being imported from China. Last year, CPA urged the Biden administration to not renew any of the 549 exclusions that were originally granted. In February, CPA called on the Biden administration to fully implement all…