Policy and Legal
Manufacturers need smart laws and effective policies. That’s why the NAM is standing up for manufacturers everywhere – from the halls of power where we advance important legislation, to the courts where we fight to defend our rights.
The Regulatory Rollback Begins
January 22, 2025imposed a freeze on new and in-process regulations. The freeze pauses any rules from the outgoing Biden administration that have been proposed but not finalized, finalized but not sent to the Federal Register or sent to the Federal Register but not published. The executive order also recommends that agencies delay the effective dates of any…
Small Manufacturer to Congress: Let Manufacturing Thrive
January 16, 2025told Congress this week. What’s going on: Silver—president and owner of third-generation, family-owned precision machining business Ketchie and immediate past chair of the NAM’s Small and Medium Manufacturers Group—testified Tuesday at a House Ways and Means Committee hearing on the necessity of preserving soon-to-expire tax reforms and reinstating provisions that have expired already. “Critical pro-growth…
NAM, GOP: Manufacturers and Families Need Pro-Growth Tax Measures
January 15, 2025Mike Crapo (R-ID), whose remarks closed out the press conference, said “piling taxes upon taxes upon taxes” is no way to build a resilient, successful economy. “The way to make us strong is to build a strong, powerful economy, which we get with sensible, pro-growth tax reforms,” he concluded.
6 Million Jobs Will Be Lost Unless Congress Renews the Trump Tax Reforms
January 14, 2025New Study Released by the NAM Highlights Societal Costs of Increased Taxes
Washington, D.C. – Failing to preserve pro-manufacturing tax policies from the 2017 tax reform will cost the U.S. economy nearly 6 million jobs, according to a landmark EY study released by the National Association of Manufacturers. Inaction would cost the U.S. economy more than $1 trillion. The study also shows that the manufacturing industry will…
NAM Study: Tax Provisions’ Expiration Will Cost U.S. Jobs, Wages, GDP
January 14, 2025advocacy blitz following the study’s release. This morning, Courtney Silver, president and owner of North Carolina–based precision machining company Ketchie and immediate past chair of the NAM’s Small and Medium Manufacturers Group, is testifying at a House Ways and Means Committee hearing on the need to make pro-manufacturing TCJA reforms permanent. At 4:30 p.m. EST…
Biden Drilling Ban Sets U.S. Back
January 7, 2025Associated Press). Why it’s a problem: The moratorium could prove harder for Trump to undo than other 11th-hour moves by Biden. That’s in large part because of the Outer Continental Shelf Lands Act, which gives U.S. presidents the right to block drilling in certain areas but not the right to reinstate it. However, Congress could…
NAM to Biden Treasury: Don’t Finalize Overreaching Rules
January 7, 2025told the agency at the end of 2024. In December, the NAM laid out the legal issues endemic to Treasury’s proposals, identifying both substantive and process-related issues that undermine each action. The submission builds on manufacturers’ comments to the agency on the proposals themselves: The NAM said in August told the agency that the related-party…
Hydrogen Announcement Sets the Stage for American Energy Leadership
January 3, 2025Washington, D.C. – Following the publication of new final guidance by the U.S. Department of Treasury for the hydrogen production tax credit, National Association of Manufacturers President and CEO Jay Timmons released the following statement: “America leads when we unleash all our energy potential, including hydrogen, American natural gas, nuclear and more. With a strong…
