The following FAQ outlines the risks posed by the Federal Retirement Thrift Investment Board’s (FRTIB) unconscionable plan to invest billions of dollars from the Thrift Savings Plan (TSP) — the retirement assets of federal government employees, active duty servicemembers, veterans, and retired civil servants — in companies controlled by the Chinese Communist Party (CCP). In June,…
WASHINGTON — The Coalition for a Prosperous America (CPA) today, along with a diverse group of organizations, launched NoTSPforCCP.org, a website calling on the Federal Retirement Thrift Investment Board (FRTIB) to abandon its unconscionable plan to invest billions of dollars from the Thrift Savings Plan (TSP) — the retirement assets of federal government employees, active…
CPA sent the following letter to President Biden opposing the Federal Retirement Thrift investment Board (FRTIB) proposal to enable hundreds of millions or billions of dollars of federal employee pension money to flow to Chinese state-controlled companies. Dear President Biden, The Federal Retirement Thrift investment Board (FRTIB) is proposing to enable hundreds of millions or…
73% of American voters support the U.S. government using trade remedies on China to protect U.S. industries and American workers. 71% of voters supporting the U.S. government continuing to impose Section 301 tariffs on China. 61% of voters believe that increased imports have caused the U.S. to become dependent on China for goods that are…
WASHINGTON — The Coalition for a Prosperous America (CPA) today called on the Federal Retirement Thrift Investment Board (FRTIB) to abandon reported plans that it is poised to once again to start investing the retirement funds of participants in the Thrift Savings Plan (TSP) in companies owned or controlled by the Chinese Communist Party (CCP).…
WASHINGTON — The Coalition for a Prosperous America (CPA) urged House Speaker Nancy Pelosi (D-CA) to prioritize the passage of additional legislation to impose capital markets sanctions and secondary sanctions on Russia and China. Earlier this month, CPA applauded the House for unanimously passing legislation (H.R. 7108) that would repeal permanent normal trade relations (PNTR)…
Here’s all we know about how China is really helping Russia. And what will have to happen for Washington to impose sanctions.
CPA FACT SHEET: Forced Labor in China An analysis of the Uyghur Forced Labor Prevention Act The problem. Since 2017, more than a million Uyghurs and other ethnic minorities in China have been forced into a vast network of “re-education camps” in the far west region of Xinjiang. The U.S. State Department has assessed this as “genocide.”…
Congress, the media, and independent regulators like the Securities and Exchange Commission (SEC) have recently focused on the risks posed to U.S. investors from Chinese companies directly listed on U.S. stock exchanges. While CPA welcomes this focus, it does not address the bulk of “bad actor” Chinese companies that are still present in U.S. capital…
WASHINGTON —The Coalition for a Prosperous America (CPA) announced its support for increased sanctions on Russian companies and institutions – including capital markets sanctions and secondary sanctions on those who seek to help Russia circumvent U.S. sanctions. CPA commends the actions being taken to excise Russian companies from U.S. markets – but more must be…
