CPA to SEC Chairman Gensler: Prohibit Index Providers from Including U.S. Sanctioned Chinese Companies

WASHINGTON — The Coalition for a Prosperous America (CPA) urged U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler to prohibit inclusion of certain Chinese companies in indices, Exchange-Traded Funds (ETFs), and other index funds provided by American index providers and asset managers. In the letter to Chairman Gensler, CPA outlined how four of the…

Opinion | A “Made in America” Fix for U.S. Supply Chain Woes

Michael Stumo \ December 23, 2021 \ Inside Sources   Much has been made in the news lately regarding America’s shortage of consumer goods. Increased consumer demand in the wake of the COVID pandemic has led to global shortages of many industrial products. And with cargo ships backed up and waiting to enter America’s congested west coast ports, there’s…

CPA Applauds Passage of Bipartisan, Bicameral Uyghur Forced Labor Prevention Act

WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the U.S. House of Representatives and the U.S. Senate for passing the Uyghur Forced Labor Prevention Act, bipartisan legislation which will ensure that goods tainted with the forced labor of Uyghurs, and others, in the Xinjiang Uyghur Autonomous Region (XUAR) — and elsewhere in…

CPA on NDAA: Bill Includes Important Provisions and Missed Opportunities

WASHINGTON — The Coalition for a Prosperous America (CPA) praised certain provisions of the National Defense Authorization Act (NDAA), which was passed by both houses of Congress and is expected to be signed into law by President Biden shortly. Those provisions included measures that will increase procurement of domestically manufactured goods and address the growing…

CPA To BlackRock: Stop Helping Fund the CCP’s Genocide & Efforts to Undermine U.S. Economic & National Security

WASHINGTON — The Coalition for a Prosperous America (CPA) today asked BlackRock CEO Larry Fink to stop aiding and abetting human rights abuses and national security risks associated by including Chinese companies in BlackRock’s iShares Exchange-Traded Funds (ETFs). BlackRock, which is the world’s largest asset manager, surprisingly recommended earlier this year that investors triple their…

CPA Comment Letter to the Department of Labor Regarding Environmental, Social, and Governance (ESG) Factors

CPA National Security Advisor Robby Stephany Smith submitted the following comment letter to the Department of Labor requesting that Environmental, Social, and Governance (ESG) include the following factors when providing greater guidance to fiduciaries: national security risks; political risks; existing sanctions on related entities or persons; human rights violations; linkages to state-owned or state-controlled industries…