Archive for the ‘Press Release’ Category

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EIG Applauds Introduction of Bipartisan Legislation to Limit Non-Compete Agreements, Boost Worker Mobility

Washington, D.C. –  The Economic Innovation Group (EIG) applauds Senators Todd Young (R-IN) and Chris Murphy (D-CT) for introducing the bipartisan Workforce Mobility Act to reform the use of non-compete agreements by U.S. employers. Earlier this year, EIG released a report exploring the proliferation of non-compete and no-poach agreements and their detrimental effects on workers…

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EIG Applauds $60 Million in New Opportunity Zone Investments Announced at Erie Homecoming

Washington, D.C. –  Over the last two days, the Economic Innovation Group (EIG) joined community leaders, investors, government officials, and national experts in Erie, Pennsylvania, for “Erie Homecoming 2019 – Unlocking Capital in Legacy Cities,” to recognize the city’s success in leveraging Opportunity Zones to spur a renewal of its downtown and pioneer a new…

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Economic Innovation Group CEO to Testify at IRS Hearing on Opportunity Zones Regulations

Washington, D.C. – Today, John Lettieri, President and CEO of the Economic Innovation Group (EIG), will testify at a public hearing before the Internal Revenue Service (IRS) on behalf of a broad coalition of stakeholders. Lettieri’s remarks will address the comment letter the coalition submitted to the U.S. Department of the Treasury and the IRS…

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Analysis Shows Counties That Flipped to Trump Still Lagging Behind Economically

Washington, D.C. – Today, the Economic Innovation Group (EIG) released a progress report measuring economic growth in the “flipped” counties — which Barack Obama carried in 2008 and 2012 — whose turns were decisive in President Donald Trump’s victory in 2016. EIG’s analysis reveals that these counties experienced slower growth in employment, a slower rise…

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EIG Urges Treasury to Adopt Reporting Framework, Measure Investment Impact in Opportunity Zones

Coalition Urges Treasury to Adopt Reporting Framework, Measure Investment Impact in Opportunity Zones Washington D.C. – The Economic Innovation Group (EIG) recently led a broad coalition of stakeholders in submitting detailed recommendations to the U.S. Department of the Treasury calling for the adoption of a reporting framework for investments in Qualified Opportunity Zones. The comment…

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