WASHINGTON — The Coalition for a Prosperous (CPA) urged Treasury Secretary Janet L. Yellen to take action to protect U.S. retail investors and pensioners from risky, dangerous Chinese A-share companies that are available via certain investment products like Exchange Traded Funds (ETFs) and other index funds. In December 2020, Congress passed the Holding Foreign Companies…
CPA sent the following letter to Secretary of the Treasury Janet L. Yellen urging her to take action to protect American investors from risky and dangerous investments in Chinese A-share companies. Dear Secretary Yellen, We write to draw attention to the troubling continuation of U.S. investment in problematic – and often officially sanctioned – Chinese…
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) rose marginally to 81.17 in December, up 0.08% from the previous month, reflecting slightly faster growth in high-wage jobs than low-wage in the month. The small rise of the JQI was driven mainly by growth…
WASHINGTON — The Coalition for a Prosperous America (CPA) today urged members of the Senate Judiciary Committee to oppose the nomination of Katherine Vidal to be Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office (USPTO). CPA’s letter outlines Ms. Vidal’s career of working on behalf of…
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…
Michael Stumo \ January 3, 2022 \ The Washington Times In addition to the health crisis spawned by the COVID-19 pandemic, the United States is now experiencing significant shortages of consumer goods. These troubles extend across a wide range of products, including everything from bicycles and cars to prescription medicines. But the problems run even…
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…
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…
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…
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…
