May 12, 2022

WASHINGTON – Today, global tech trade association ITI released the following statement from its President and CEO Jason Oxman on the first Conference Committee meeting on bipartisan innovation and competition legislation, the United States Innovation and Competition Act (USICA) and America Creating Opportunities for Manufacturing Pre-Eminence in Technology and Economic Strength (COMPETES) Act:

“The Bipartisan Innovation Act is integral to the United States’ future economic success and competitiveness in the global marketplace, and today’s meeting is a welcome step in seeing it become law. Many of these important proposals will strengthen U.S. technological leadership and fortify the U.S. economy by increasing manufacturing in America and strengthening supply chains for years to come.”

ITI is a leading advocate for policies to advance U.S. technological leadership and global competitiveness. In advance of today’s meeting, ITI sent a letter to lawmakers outlining key priorities to consider as they reconcile the USICA and COMPETES Act. In March, ITI’s Oxman published a blog underscoring the need for Congress to pass the measure.