CPA Testimony to House Financial Services Committee Regarding Wall Street Financing the CCP’s Exploitation of Global Natural Resources and Risks to American Investors

Letters & Testimony, Capital Markets, China, Issues, Trade and TariffsLeave a comment

CPA National Security Advisory Robby Stephany Smith submitted written testimony to the House Committee on Financial Services, Subcommittee on National Security, International Development and Monetary Policy regarding their hearing that explored the capital available to rogue regimes and international malign actors via their exploitation of the globe’s vast natural resources, including minerals, timber, and other…

CPA Releases New Economic Report on Re-Shoring the U.S. Bike and E-Bike Industry

Press Release, Issues, Manufacturing4 Comments

WASHINGTON — The Coalition for a Prosperous America (CPA) today released a new economic report outlining a comprehensive plan to re-shore the U.S. bike and e-bike industry, which would create thousands of new U.S. manufacturing jobs, reduce U.S. dependence on China, and generate economic growth in an industry that is increasingly using advanced technology. The…

CPA Letter to Secretary Yellen and Chairman Powell on Implementing a Market Access Charge

Letters & Testimony, Currency, IssuesLeave a comment

CPA sent the following letter to Secretary of the Treasury Janet Yellen and Chairman of the Federal Reserve Jerome Powell regarding implementing a new monetary policy tool called a Market Access Charge (MAC) to complement the Fed Funds Rate (FFR). The MAC would make it possible to moderate excessive flows of money into the U.S.…

Biden’s Commerce Department Sides with Chinese Solar Manufacturers Circumventing U.S. Tariffs

Press Release, China, Trade and Tariffs13 Comments

WASHINGTON — The Coalition for a Prosperous America (CPA) released a statement after the Department of Commerce sided with Chinese solar manufacturers after rejecting a request from U.S. domestic solar manufacturers to investigate illegal and unfair circumvention of trade remedies on Chinese solar cells and modules. The American Solar Manufacturers Against Chinese Circumvention (“A-SMACC”) filed…

Can the MAC Make the Federal Funds Rate More Effective?

Issues, commentary, Currency, Guest Opinion & Press Releases, Newsroom, op-ed, Research Hub ArticlesLeave a comment

Background When inflation threatens America’s stability and economic growth, the Fed raises the Federal Funds Rate (FFR). This reduces domestic demand for borrowed funds, and that reduces the growth of domestic money in circulation and thus the rate of inflation. This approach worked reasonably well from the 1930s when the FFR became an official policy…