I recently introduced the Global Investment in American Jobs Act to increase America’s global competitiveness and ensure our nation continues to be the most attractive destination for international companies to invest.
For decades, foreign direct investment in America has strengthened our nation’s economy by bringing more good paying jobs to our communities, boosting domestic research and development, and exporting more American-made goods. However, in the face of heightened competition from other countries, America must remain intentional about attracting international investment. The Global Investment in American Jobs Act would support this effort by directing the Secretary of Commerce to conduct a government-wide review of and report to Congress on ways to increase America’s global competitiveness in attracting foreign direct investment.
This bill will reinforce America’s commitment to global leadership, enhance investment in our workforce, bolster U.S. innovation, and help out-compete the Chinese Communist Party.
Representative Greg Pence (IN-06) introduced companion legislation in the U.S. House of Representatives, and it recently passed the House by a vote of 386-22.
Read more about this legislation here. |