GBA Applauds House E&C Committee Unanimous Passage of Global Investment in American Jobs Act

WASHINGTON, D.C. – Today, the bipartisan Global Investment in American Jobs Act (H.R. 813), introduced by Rep. Greg Pence (R-IN) and cosponsored by Reps. Marilyn Strickland (D-WA), Rick Allen (R-GA) and Anna Eshoo (D-CA), advanced through the House Committee on Energy and Commerce by a unanimous vote of 50-0. Nancy McLernon, President & CEO of the Global Business Alliance (GBA), applauded this news and issued the following statement:

“The Global Investment in American Jobs Act is commonsense legislation that would aid the U.S. in attracting further global investment and help improve the federal regulatory environment to spur American job growth. I thank Rep. Pence for introducing this bipartisan legislation at the beginning of the 118^th Congress and recognizing that global investment creates high-quality jobs and helps boost America’s competitiveness. GBA looks forward to working with Energy and Commerce Chair Rodgers and Ranking Member Pallone to ensure that this legislation will pass the House.”

The Global Investment in American Jobs Act would direct the U.S. Department of Commerce to conduct a government-wide review of ways to increase America’s global competitiveness in attracting foreign direct investment and combat the potential long-term threats posed by Chinese state-owned enterprises.

GBA urges House Leadership to bring this legislation to the House floor quickly.

About the Global Business Alliance
As the premier voice of international companies in the United States, the Global Business Alliance (GBA) actively promotes and defends an open economy that welcomes international companies to invest in America. Our members are American companies with global heritage and an indispensable part of our nation’s economic success. When America is open for business, we all benefit. Learn more about how international companies are benefiting U.S. workers and communities by visiting www.globalbusiness.org.Top of Form