WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded legislation introduced by U.S. Representative Jim Banks (R-IN) that would revoke China’s Most Favored Nation (MFN) tariff status. This is a critical first step to reduce our import dependency on China. Too many transnational enterprises continue to lean on China for sourcing for the…
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement following House passage of the National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2024 (H.R. 2670). However, the House’s FY 2024 NDAA failed to include an amendment offered by U.S. Representative Mike Waltz (R-FL), and that CPA strongly supports, that prohibits…
WASHINGTON – The Coalition for a Prosperous America (CPA) today released a statement on final determination of evasion of antidumping and countervailing duties against a Chinese importer. The US Customs Agency, through the U.S. Customs and Border Protection (“Customs”), issued a final affirmative determination under the Enforce and Protect Act (“EAPA”) that the U.S. importer…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded U.S. Senators Marco Rubio (R-FL) and Jeff Merkley (D-OR) for introducing the Uyghur Genocide Accountability and Sanctions Act (UGASA). Senators Rubio and Merkley were the main sponsors, along with U.S. Representatives Chris Smith (R-NJ) and James P. McGovern (D-MA), of the Uyghur Forced Labor…
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) for May was 85.47, up 0.83% from April. The JQI reached its highest level in over a decade and has increased the last seven consecutive months after accounting for revisions to recent months. While job growth is slowing,…
The Coalition for a Prosperous America (CPA) today applauded a new bill by Rep. Jim Banks (R-IN-03) that would ban private pension plans from investing in the stocks and bonds of countries deemed adversarial by Washington. If passed, the Employee Retirement Income Security Act of 1974 (ERISA), a federal law that sets minimum standards for…
WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) for April was 84.46, up 0.25% from March. A month ago, it looked like the job market was beginning to plateau, but upward revisions to March’s data means the JQI was 0.48 higher than reported. In other words,…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the reintroduction of the Taxpayers and Savers Protection (TSP) Act, bipartisan, bicameral legislation that would ban the Federal Retirement Thrift Investment Board (FRTIB) from steering federal employee retirement funds in the Thrift Savings Plan (TSP) — the largest retirement fund in the world with…