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…
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…
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…
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…
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…
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…
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…
Outlines How Trillions of U.S. Investment Dollars Have Funded the CCP WASHINGTON — In testimony before the House Select Committee on the Chinese Communist Party (CCP), Roger Robinson, Jr. delivered a comprehensive examination of how U.S. investor capital is being used to fund China’s malign activities that directly threaten U.S. economic and national security. Robinson…
Vetoes Bipartisan Solar CRA WASHINGTON — In a win for Chinese solar manufacturers that are illegally violating U.S. law and stunting the growth of the American solar manufacturing supply chain, President Joe Biden vetoed yesterday bipartisan legislation that passed the House of Representatives and the Senate. The bipartisan resolution of disapproval (H.J. Res. 39) under…
By Michele Nash-Hoff Michael Collins wrote, “Hope is not a plan” in his book Dismantling the American Dream, How Multinational Corporations Undermine American Prosperity. In other words, we cannot hope to rebuild American manufacturing without doing things differently than we’ve done in the past 30 years. The industrial policies we have been following resulted in…
