WASHINGTON — The Coalition for a Prosperous America (CPA) released the following statement after U.S. Representative Mike Johnson (R-LA) was selected as the 56th Speaker of the U.S. House of Representatives: “It’s clear from his days as Chairman of the Republican Study Committee that Congressman Johnson has a keen understanding of the threat posed by…
WASHINGTON — The Coalition for a Prosperous America (CPA) today welcomed news that Suniva, the U.S.’s oldest and largest solar cell manufacturer, will restart operations next year , in part as a result of tax credits and domestic content provisions in the Inflation Reduction Act (IRA), coupled with existing safeguard and enforcement mechanisms. CPA is…
WASHINGTON — The Coalition for a Prosperous America’s (CPA) CEO, Michael Stumo, today testified before the House Homeland Security Subcommittee on Oversight, Investigations, and Accountability in a hearing titled, “Exploitation And Enforcement: Evaluating the Department of Homeland Security’s Efforts to Counter Uyghur Forced Labor.” Stumo’s testimony focused on the de minimis, an import loophole non-market…
The following written testimony was submitted by Michael Stumo, CEO of CPA, to the House Homeland Security Subcommittee on Oversight, Investigations, and Accountability in a hearing titled, “Exploitation And Enforcement: Evaluating the Department of Homeland Security’s Efforts to Counter Uyghur Forced Labor.” that was held on October 19, 2023. Read Stumo’s oral testimony here. …
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a new “case study” report to Congress that details the alarming extent to which U.S. asset managers and index providers are actively funneling billions of dollars of U.S. investor capital to Chinese Communist Party (CCP) companies, including Chinese firms that have been sanctioned by…
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) for August was 85.09, up 0.09% from July. After a few months of slowing job growth and a slight decrease in the JQI, the most recent month shows strong job growth in the economy and among goods-producing sectors.…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement regarding the selection of the next Speaker of the U.S. House of Representatives. In CPA’s view, the next Speaker of the House must continue and strengthen efforts to address the serious threat the Chinese Communist Party (CCP) poses to U.S. economic and…
Mexico Agrees to Goal of Reinstating Export Monitoring Regime WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded United States Trade Representative (USTR) Katherine Tai for securing a commitment from Mexico’s Secretary of Economy Raquel Buenrostro to reinstate Mexico’s export monitoring regime. Export monitoring was previously used to ensure compliance with a 2019…
WASHINGTON — A new economic analysis by the Coalition for a Prosperous America (CPA) found that revoking China’s Most Favored Nation (MFN) status would result in the creation of 2 million new American jobs, increase real household incomes by $3,647, and increase real gross domestic product (GDP) by 1.75%. Earlier this month, CPA published a…