AIC Highlights How Private Investment Partners with American Innovators to Achieve Their Dreams & Grow Our Economy
“Private investment is helping our country win the AI race, manufacture more ‘Made in America’ products, and develop medical innovations that save lives.”
WASHINGTON, D.C. – Today, American Investment Council President and CEO Drew Maloney released the following statement in advance of President Trump’s Address to the Joint Session of Congress:
“America’s economy is stronger today because the private equity and private credit industries are investing over $700 billion each year across our nation. Private investment is helping our country win the AI race, manufacture more ‘Made in America’ products, and develop medical innovations that save lives. These investments directly support over 12 million workers and their families and strengthen thousands of businesses on Main Streets in every community.
“The President’s historic Tax Cuts and Jobs Act delivered the certainty and pro-growth economic framework that our industry needed to invest at these huge levels. Since President Trump signed this law, our industry invested over $5.6 trillion in our economy and partnered with thousands of American innovators to help them achieve their dreams. We encourage the Trump Administration and Congress to extend this sound tax policy and unleash more long-term investment that supports workers, small businesses, and American innovation.”
