WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the U.S. House of Representatives and the U.S. Senate for passing the Uyghur Forced Labor Prevention Act, bipartisan legislation which will ensure that goods tainted with the forced labor of Uyghurs, and others, in the Xinjiang Uyghur Autonomous Region (XUAR) — and elsewhere in…
WASHINGTON — The Coalition for a Prosperous America (CPA) praised certain provisions of the National Defense Authorization Act (NDAA), which was passed by both houses of Congress and is expected to be signed into law by President Biden shortly. Those provisions included measures that will increase procurement of domestically manufactured goods and address the growing…
WASHINGTON — The Coalition for a Prosperous America (CPA) today asked BlackRock CEO Larry Fink to stop aiding and abetting human rights abuses and national security risks associated by including Chinese companies in BlackRock’s iShares Exchange-Traded Funds (ETFs). BlackRock, which is the world’s largest asset manager, surprisingly recommended earlier this year that investors triple their…
CPA National Security Advisor Robby Stephany Smith submitted the following comment letter to the Department of Labor requesting that Environmental, Social, and Governance (ESG) include the following factors when providing greater guidance to fiduciaries: national security risks; political risks; existing sanctions on related entities or persons; human rights violations; linkages to state-owned or state-controlled industries…
WASHINGTON — The Coalition for a Prosperous America (CPA) today welcomed the action by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) to add China’s artificial intelligence company SenseTime to OFAC’s Non-SDN Chinese Military-Industrial Complex Companies List (NS-CMIC List) due to the company’s connection to the Chinese Communist Party’s human rights…
WASHINGTON — The Coalition for a Prosperous America (CPA) has hired Aaron E. Ringel as Vice President, International Policy and Advocacy. Ringel, who begins work today at CPA, joins the Government Relations Team and will work to continue to expand CPA’s presence in Washington, including on Capitol Hill and in the administration, with a special…
WASHINGTON — The Coalition for a Prosperous America (CPA) called out rampant misrepresentation and abuse by companies seeking exclusions from the Section 301 tariffs against China in a letter to the Office of the United States Trade Representative (USTR). Multinationals that import Made in China merchandise filed two thirds of the exclusion requests shortly before…
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) fell slightly to 81.4 in November, down 0.85% from the previous month. The decline in the JQI was driven by the growth in low-wage jobs in the medical equipment manufacturing and motor vehicle dealership sector,…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement on provisions within the House-passed Build Back Better Act (H.R.5376) that seek to resolve multinational tax avoidance that plagues the U.S. Treasury and puts U.S. domestic companies at a significant disadvantage to multinational competitors. Specifically, the reforms in the legislation would change…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the Made in America Office at the Office of Management and Budget (OMB) for unveiling a new Buy America waiver transparency process on Wednesday. Under this new guidance, the 24 largest federal agencies must enter proposed non-availability waivers into a digital portal on the…