WASHINGTON — The Coalition for a Prosperous America (CPA), along with a coalition of law enforcement and other organizations devoted to fighting against the fentanyl crisis plaguing our nation, today urged President Biden to take immediate action to close the de minimis loophole, which is contributing to the current drug crisis, including the importation of…
CCP Firms Still Present in Federal Thrift Savings Plan’s Mutual Fund Window WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the unanimous decision, as reported by the Financial Times, by the Federal Retirement Thrift Investment Board’s (FRTIB), which manages the federal government’s Thrift Savings Plan (TSP), to exclude Chinese and Hong Kong…
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) for September declined by 0.66% in September to 84.37. After a strong reading in August, the JQI continued its downward trend in the second half of the year. Interest rate hikes by the Fed appear to be softening…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded U.S. Senators Tammy Baldwin (D-WI), Sherrod Brown (D-OH), Bob Casey (D-PA), John Fetterman (D-PA), and Tina Smith (D-MN) for urging the Biden Administration to correct the Department of the Treasury’s guidance on the Inflation Reduction Act (IRA) program that is undercutting American clean energy…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the introduction of the Producing Incentives for Long-term Production of Lifesaving Supply of Medicines (PILLS) Act by Congresswoman Claudia Tenney (R-NY) which would incentivize the strategic reshoring of U.S. domestic production of generic medicines with a domestic production-based tax credit, domestic content bonus credit,…
WASHINGTON — The Coalition for a Prosperous America (CPA) released the following statement after U.S. Representative Mike Johnson (R-LA) was selected as the 56th Speaker of the U.S. House of Representatives: “It’s clear from his days as Chairman of the Republican Study Committee that Congressman Johnson has a keen understanding of the threat posed by…
WASHINGTON — The Coalition for a Prosperous America (CPA) today welcomed news that Suniva, the U.S.’s oldest and largest solar cell manufacturer, will restart operations next year , in part as a result of tax credits and domestic content provisions in the Inflation Reduction Act (IRA), coupled with existing safeguard and enforcement mechanisms. CPA is…
WASHINGTON — The Coalition for a Prosperous America’s (CPA) CEO, Michael Stumo, today testified before the House Homeland Security Subcommittee on Oversight, Investigations, and Accountability in a hearing titled, “Exploitation And Enforcement: Evaluating the Department of Homeland Security’s Efforts to Counter Uyghur Forced Labor.” Stumo’s testimony focused on the de minimis, an import loophole non-market…
The following written testimony was submitted by Michael Stumo, CEO of CPA, to the House Homeland Security Subcommittee on Oversight, Investigations, and Accountability in a hearing titled, “Exploitation And Enforcement: Evaluating the Department of Homeland Security’s Efforts to Counter Uyghur Forced Labor.” that was held on October 19, 2023. Read Stumo’s oral testimony here. …
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a new “case study” report to Congress that details the alarming extent to which U.S. asset managers and index providers are actively funneling billions of dollars of U.S. investor capital to Chinese Communist Party (CCP) companies, including Chinese firms that have been sanctioned by…
