News Brief USCIB Urges Senate to Approve Inward Investment Bill

Joining with five other leading business groups, USCIB has urged the U.S. Senate to move expeditiously to adopt the “Global Investment in American Jobs” bill (S. 3274) sponsored by Senators John Kerry (D.-Mass.) and Bob Corker (R.-Tenn.). Companion legislation passed the House unanimously in mid-September.

In a letter sent today to every member of the Senate, USCIB and the business groups underlined the importance of strong legislation to improve America’s ability to attract job-creating foreign direct investment (FDI) in today’s competitive global environment.

Noting that U.S subsidiaries of foreign headquartered companies already employ more than five million Americans across the country and are major exporters, we urged the Senate to pass this broadly supported bipartisan legislation without delay. Doing so, the letter states, would send a clear signal to the world that the United States welcomes FDI, and is prepared to identify and resolve barriers that may impede our ability to attract much-needed global investment.

More on USCIB’s Trade and Investment Committee

Staff Contact:   Eva Hampl

Senior Director, Investment, Trade and Financial Services
Tel: 202.682.0051

Eva Hampl coordinates USCIB work on investment and financial policy issues. She is responsible for issues management, policy development, secretariat support to relevant USCIB committees and participating in membership development activities. Before joining USCIB in 2014, Hampl completed a GE fellowship in its Global Government Affairs and Policy division. Prior to her fellowship she served as a trade associate with the U.S. Senate Committee on Finance.
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