Milken Institute Statement on the Bipartisan, Bicameral Americas Act

“The Americas Act will strengthen US economic competitiveness, bolster critical supply chain resilience, and deepen important partnerships in the Western Hemisphere through the expansion of trade and investment,” said Mike Piwowar, Executive Vice President, MI Finance, Milken Institute. “This legislation includes a series of innovative reforms to advance bipartisan policy priorities and overcome a major challenge identified by the Milken Institute – the need for new and enhanced financing mechanisms to support reshoring, nearshoring, economic development, and the energy transition. When paired with the creation of a USMCA docking mechanism and strict measures to combat corruption and forced labor, the bill can be a gamechanger for economic security in the Americas while simultaneously consolidating democratic norms and building the middle class throughout the hemisphere. The Milken Institute looks forward to continuing to work with Congress on ways to address these crucial bipartisan issues.”