Association Letter to Treasury on 385 Regulations

“Treasury’s actions have far-reaching consequences for the U.S. economy, including for the six million Americans who earn a living from foreign direct investment,” said Nancy McLernon, president and CEO of the Organization for International Investment. “These new rules stretch beyond their stated purpose and undermine the Administration’s goal of attracting more global investment into the United States. The Administration needs to hear from employers and carefully consider the real impact of these regulations, but that process can't happen in the truncated window that is currently being pursued by Treasury.”