The Global Bicycle Market: A Comprehensive Plan to Re-Shore the U.S. Bike & E-Bike Industry

The United States bike industry is in the midst of an unprecedented boom, triggered by the COVID pandemic. Bike sales rose sharply in the spring of 2020, as gyms, yoga studios and other exercise centers shut down and Americans sought outdoor activities like biking, a relatively safe form of exercise. In 2021, the sales surge…

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CPA Letter to Secretary Yellen and Chairman Powell on Implementing a Market Access Charge

CPA sent the following letter to Secretary of the Treasury Janet Yellen and Chairman of the Federal Reserve Jerome Powell regarding implementing a new monetary policy tool called a Market Access Charge (MAC) to complement the Fed Funds Rate (FFR). The MAC would make it possible to moderate excessive flows of money into the U.S.…

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Biden’s Commerce Department Sides with Chinese Solar Manufacturers Circumventing U.S. Tariffs

WASHINGTON — The Coalition for a Prosperous America (CPA) released a statement after the Department of Commerce sided with Chinese solar manufacturers after rejecting a request from U.S. domestic solar manufacturers to investigate illegal and unfair circumvention of trade remedies on Chinese solar cells and modules. The American Solar Manufacturers Against Chinese Circumvention (“A-SMACC”) filed…

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Can the MAC Make the Federal Funds Rate More Effective?

Background When inflation threatens America’s stability and economic growth, the Fed raises the Federal Funds Rate (FFR). This reduces domestic demand for borrowed funds, and that reduces the growth of domestic money in circulation and thus the rate of inflation. This approach worked reasonably well from the 1930s when the FFR became an official policy…

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CPA Statement on Bipartisan Infrastructure Bill

WASHINGTON — The Coalition for a Prosperous America (CPA) today released the following statement after the House of Representatives passed the $1.2 trillion bipartisan infrastructure bill, sending the legislation to President Joe Biden for signature. “The bipartisan infrastructure bill represents a positive step towards investing in our nation’s future. However, Congress has not yet remedied…

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