CPA Applauds House Bill Seeking to Ban Securities of Foreign Adversaries from Private Pension Plans

The Coalition for a Prosperous America (CPA) today applauded a new bill by Rep. Jim Banks (R-IN-03) that would ban private pension plans from investing in the stocks and bonds of countries deemed adversarial by Washington. If passed, the Employee Retirement Income Security Act of 1974 (ERISA), a federal law that sets minimum standards for…

CPA Applauds Bipartisan, Bicameral Bill to Stop Federal Retirement Funds from Flowing to CCP Companies

WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the reintroduction of the Taxpayers and Savers Protection (TSP) Act, bipartisan, bicameral legislation that would ban the Federal Retirement Thrift Investment Board (FRTIB) from steering federal employee retirement funds in the Thrift Savings Plan (TSP) — the largest retirement fund in the world with…

CPA Testifies at Ways and Means Trade Subcommittee Hearing on De Minimis Loophole

WASHINGTON — The Coalition for a Prosperous America’s (CPA) CEO, Michael Stumo, today testified before the House Ways and Means Subcommittee on Trade in a hearing titled, “Modernizing Customs Policies to Protect American Workers and Secure Supply Chains.” Stumo’s testimony focused on de minimis, an import loophole non-market economies like China exploit to ship hundreds…

Written Testimony Before the House Ways & Means Subcommittee on Trade: Modernizing Customs Policies to Protect American Workers and Secure Supply Chains

The following written testimony was submitted by Michael Stumo, CEO of CPA, to the House Ways and Means Subcommittee on Trade for a hearing titled, “Modernizing Customs Policies to Protect American Workers and Secure Supply Chains,” that was held on May 25, 2023. Read Stumo’s oral testimony here.           Written Testimony…

CPA Statement on House Vote to Override President Biden’s Veto of the Solar CRA

WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the U.S. House of Representatives for holding a vote to override President Joe Biden’s veto of the bipartisan resolution of disapproval (H.J. Res. 39) under the Congressional Review Act (CRA) that would repeal the Biden administration’s Solar Emergency Declaration. This harmful Declaration, in effect…

CPA, National Security and Foreign Policy Experts Urge Biden to Establish Mechanism to Review U.S. Outbound Investment to China

WASHINGTON — In a coalition letter led by the Coalition for a Prosperous America (CPA), a group of national security and foreign policy experts urged President Joe Biden to establish a mechanism to review U.S. outbound investment to China in order to address the risks and threats associated with U.S. capital bolstering the CCP’s ability…

Coalition Letter to President Biden Urging Action to Address Outbound U.S. Investment to China

CPA, along with several other organizations and leaders, sent the following coalition letter to President Joe Biden requesting that the administration establish a mechanism to review U.S. outbound investment to China in order to address the risks and threats associated with U.S. capital bolstering the CCP’s ability to modernize and advance its military and build…

American Quartz Industry Prevails Against Illegal Dumping by India, China, and Turkey

Quartz Importers Abandon Challenges to Lawfully Imposed AD/CVD Duties WASHINGTON — In a win for the U.S. domestic quartz manufacturing industry, MS International (MSI), one of the largest U.S. importers of quartz surface products (QSP), is abandoning its challenges to the antidumping duty and countervailing duty (AD/CVD) orders on QSP from China and Turkey, and…