CPA Written Testimony Before the House Committee on Ways and Means, Subcommittee on Trade

CPA submitted the following written testimony to the House Committee on Ways and Means, Subcommittee on Trade regarding the hearing titled, “The Global Challenge of Forced Labor in Supply Chains: Strengthening Enforcement and Protecting Workers.” THE GLOBAL CHALLENGE OF FORCED LABOR IN SUPPLY CHAINS: STRENGTHENING ENFORCEMENT AND PROTECTING WORKERS Before the House Committee on Ways…

CPA Statement on SEC China Disclosure Effort

WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement after U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler called for greater disclosure into Chinese companies listing on U.S. exchanges. On July 22, 2021, CPA urged Gensler to implement the Holding Foreign Companies Accountable Act (P.L 116-222) without delay after reports…

CPA: SEC Must Implement Holding Foreign Companies Accountable Act Without Delay

WASHINGTON — The Coalition for a Prosperous America (CPA) today urged U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler to implement the Holding Foreign Companies Accountable Act (P.L 116-222) without delay after reports that the Commission has not acted sufficiently to implement the law. The bipartisan legislation passed Congress unanimously and was enacted into…

CPA Letter to SEC re Implementation of the Holding Foreign Companies Accountable Act

CPA sent the following letter to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler urging the Commission to swiftly implement the Holding Foreign Companies Accountable Act (P.L 116-222), bipartisan legislation that will ensure that Chinese and other foreign companies traded on U.S. exchanges are subject to the same independent audit requirements that apply to…

CPA Letter to President Biden on Strengthening Implementation of EO 14032 Via Inclusion of Commerce Department Entity List Companies

CPA sent the following letter to President Joe Biden requesting that the administration update Treasury’s Office of Foreign Assets Control (OFAC) Non-SDN Chinese Military-Industrial Complex Companies (NS-CMIC) List with the five Chinese companies that were added to the Commerce Department’s Entity List on June 24, 2021 because they use forced labor. Three of these Chinese…