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…
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Global capital flows are the driving force behind the rise of the dollar, which rose 3.9% in 2021. In the last ten years, the dollar is up 25.5%[1]. The US attracts capital for many reasons, including tax avoidance, speculative trading, and a relatively small amount of genuine investment. The deregulation of financial markets in the…
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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…
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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…
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Auto industry specialist Sandy Munro says China will come to dominate the EV market in the U.S. Here’s how it happens not just here at home, but throughout the entire Americas. If Section 301 tariffs go, it happens even faster.
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A look at the Uyghur Forced Labor Act, a recent report by a UK university on “laundering cotton” out of Xinjiang, and whether or not global retailers will really put an end to this once Biden signs the Act into law.
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Biden added more Chinese companies to its blacklist. Why is BlackRock, Vanguard, State Street and others still allowed to invest in some of them?
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Recent supply chain bottlenecks of hospital gear shows why continued dependence on Asia is bad for pandemic preparedness. The Make PPE in America Act in the infrastructure law should remedy this in the years ahead, if Congress doesn’t open the doors to duty-free PPE and undercut the law’s intent.
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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…
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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…
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