Tim Scott Urges Trump to Nominate OECD Ambassador
Senator Tim Scott (R-SC) on Thursday led 11 members on the Senate Finance Committee in a letter to the president urging him to nominate a U.S. Ambassador to the Organization for Economic Co-operation and Development (OECD) -- the Paris-based research body comprised of 36 countries, designed to promote global economic progress. OECD recently released figures that show global inflation hit its highest level in four years during June. More than 500 days have passed since the U.S. has had an Ambassador to the OECD, which Scott says has left the U.S. with no advocate for the “pro-growth” tax reforms and put a target on U.S. based companies. In the letter, the lawmakers express how the nomination of an Ambassador to the OECD will help protect U.S. competitiveness, and ensure American jobs, businesses, and innovation are defended against European aggression. “The United States has seen unprecedented growth and regained its reputation of being the most competitive nation in the world in which to do business in,” Scott said. “With that comes the important task of ensuring that our tax interests abroad are aimed at keeping America first. We have already seen the European Union (EU) take steps to target U.S. companies because they see this administration’s pro-growth policies as a threat to their own economy.” More here.