Monthly index tracks currency misalignment based on latest market rates Dollar overvaluation rises to 15.2% against global currency basket as dollar inflows continue to push up the greenback. Japanese yen undervaluation against U.S. dollar reaches 50.1%, a new all-time low for the yen in dollar terms. Chinese yuan undervaluation against dollar rises to 28.1% CMM…
In latest House Select Committee on the CCP, outbound investment restrictions get favorable view.
Trump’s call to reshore pharmaceutical production, especially critical medicine in short supply, will set the table for other presidential candidates. Reshoring America’s medicine supply chain is increasingly mainstream, and an easy sell to voters.
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded an announcement by First Solar, the largest American solar manufacturer, that it plans to build a fifth manufacturing facility in the United States, investing up to $1.1 billion in further expanding America’s capacity to produce its own photovoltaic (PV) solar modules. The planned fully…
YES on NDAA Amdt. #523 WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that it will key vote in support of amendment #523 offered by Senators Marco Rubio (R-FL), Joni Ernst (R-IA), and Jeanne Shaheen (R-NH) to the Senate’s National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2024 that prohibits the…
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the U.S. Senate Committee on Commerce, Science, and Transportation for passing Senators Tammy Baldwin (D-WI) and JD Vance’s Country of Origin Labeling (COOL) Online Act (S. 1421) with bipartisan support by a vote of 16 – 11. The bipartisan COOL Online Act would mandate…
Americans fund companies that exploit human labor, build a surveillance state hostile to U.S. As the Senate considers a defense bill, Sens. Marco Rubio, Florida Republican, and Jeanne Shaheen, New Hampshire Democrat, are pushing for an important bipartisan amendment. They want to protect federal employees from unwittingly investing in America’s greatest geopolitical adversary, China. The…
U.S. manufacturing employment hit an all-time low as a percent of the total workforce, 8.3%.
WASHINGTON — America’s largest domestic steel producers, the United Steelworkers, and organizations representing the industry and its workers today released a letter outlining serious concerns with the recent Domestic Content Bonus Credit Guidance (“Guidance”). The Guidance, published by the Department of the Treasury and the Internal Revenue Service (IRS), describes rules for implementing the domestic…
Should federal government employees, including military commanders, be investing their retirement money in China? Some say no, and will try to stop it this week.