SelectUSA logo with empty chairs on a stage preparing for a panel.
THE U.S. INVESTMENT ADVISORY COUNCIL (IAC)
Learn about how the IAC advises Department of Commerce leadership on FDI policy.

SelectUSA Investment Advisory Council

ABOUT THE IAC

The U.S. IAC advises the Secretary of Commerce on the development and implementation of strategies and programs to attract and retain foreign direct investment (FDI) in the United States.

The IAC can have up to 40 members who serve a two-year term. Members are business or economic development leaders representing various industries, companies, associations, regional, state and local economic development organizations, and other organizations.

The IAC is responsible for: advising the Secretary of Commerce on U.S. government policies and programs that affect FDI; identifying and recommending programs and policies to help the United States attract and retain FDI; and recommending ways to support the United States remaining the world’s preeminent destination for FDI.

PAST IAC MEETING AGENDAS

U.S. INVESTMENT ADVISORY COUNCIL (IAC) MEETING

Wednesday, June 9, 2021, 12:30 P.M. – 1:30 P.M. (EDT)

Virtual Webex Meeting

I. Announcement of Meeting into the Record

II. Welcome and Roll Call
Chair Mark Beariault, General Counsel, Kudelski Group

III. Opening Remarks
Gina Raimondo, Secretary of Commerce

IV. Overview of Subcommittee Work Reported to the Secretary
Facilitated by Dale Tasharski, Deputy Director General of the U.S. & Foreign
Commercial Service

• Subcommittee on Economic Competitiveness
Chris Camacho, President and CEO, Greater Phoenix Economic Council and
 Mike Graff, Chairman/CEO, American Air Liquide Holdings Inc.

• Subcommittee on Workforce
Tom Dustman, International Sales Director, Sunnen Products Company

• Subcommittee on Strategic Communications Strategic Communications
Signe Pringle, Assistant Secretary, Maryland Department of Commerce

V. Discussion with IAC
Led by Diane Farrell, Acting Under Secretary for International Trade

VI. Closing Remarks
Diane Farrell, Acting Under Secretary for International Trade

VII. Meeting Concludes

FEDERAL REGISTER NOTICE

U.S. INVESTMENT ADVISORY COMMITTEE MEETING

Thursday, September 10, 2020 10:00 AM – 11:30 AM

Virtual Teams Meeting

I. Welcome and Roll call – 5 Minutes
Chair Mark Beariault and Vice Chair Jennifer Springer

II. Welcome and Remarks – 10 Minutes
Ian Steff, Assistant Secretary of Global Markets and Director General of the U.S. and Foreign Commercial
Service

III. Remarks by Secretary Ross – 15 Minutes
Wilbur Ross, Secretary of Commerce

IV. Opening Remarks – 5 Minutes
Greg Kalbaugh, Executive Director, SelectUSA

V. Review of Agenda and Introduction of Workforce Subcommittee Report – 5 Minutes
Jennifer Springer

VI. Workforce Development Presentation and Discussion – 15 Minutes
Tom Dustman – International Sales Director, Sunnen Products
Jim Schellinger – Secretary of Commerce, State of Indiana

VII. Introduction of Strategic Communications Subcommittee Report
Mark Beariault

VIII. Strategic Communications Presentation and Discussion – 15 Minutes
Signe Pringle – Assistant Secretary, Maryland Department of Commerce
David Steel – Executive Vice President, Corporate Affairs, Samsung Electronics America

IX. Introduction of Economic Competitiveness Subcommittee and Discussion

X. Economic Competitiveness Presentation and Discussion – 15 Minutes
Chris Camacho – President and CEO, Greater Phoenix Economic Council
Mike Graff – Chairman and CEO, American Air Liquide Holdings, Inc.

XI. Conclusion of Discussion with Questions and Answers – 15 Minutes
IAC Chair Mark Beariault and Vice Chair Jennifer Springer

XII. Adjournment – 5 Minutes
Chair Mark Beariault

XIII. Meeting concludes 

FEDERAL REGISTER NOTICE

U.S. INVESTMENT ADVISORY COMMITTEE MEETING

Tuesday, September 17, 2019 8:00 AM – 11:00 AM

Eisenhower Executive Office Building, Room 430
The White House

I. Welcome – 5 Minutes
Chair Mark Beariault and Vice Chair Jennifer Springer
Facilitated by Brian Lenihan, Executive Director, SelectUSA

II. Welcome and Remarks – 10 Minutes
Wilbur Ross, Secretary of Commerce

III. Introduction and Opening Remarks – 10 Minutes
Gil Kaplan, Under Secretary for International Trade

IV. Workforce Topic Introduction and Presentation – 10 Minutes
Dave Langdon, Sr. Policy Advisor, U.S. Department of Commerce
Workforce Discussion – 20 Minutes
Brian Lenihan, Facilitator

V. Regulatory and Tax Issues Introduction and Presentation – 10 Minutes
Brian Lenihan, Executive Director, SelectUSA
Regulatory and Tax Issues Discussion – 20 Minutes
Brian Lenihan, Facilitator

VI. Economic Competitiveness Introduction and Presentation – 15 Minutes
Liz Schaefer, Director of Investment Research, SelectUSA
Economic Competitiveness Discussion – 20 Minutes
Brian Lenihan, Facilitator

VII. Strategic Communications Introduction and Presentation – 10 Minutes
David Steel, Executive Vice President, Samsung
Strategic Communications Discussion – 15 Minutes
Brian Lenihan, Facilitator

VIII. Remarks and Discussion with Deputy Secretary – 10 Minutes
Karen Dunn Kelley, Deputy Secretary of Commerce

IX. Conclusion of Discussion with Questions and Answers – 15 Minutes
IAC Chair Mark Beariault and Vice Chair Jennifer Springer
Brian Lenihan, Facilitator

X. Adjournment – 5 Minutes
Chair Mark Beariault

XI. Meeting concludes – 11:00 AM

FEDERAL REGISTER NOTICE

U.S. INVESTMENT ADVISORY COMMITTEE MEETING

Tuesday March 20, 2018
11:30 AM – 1:30 PM

Department of Commerce| Washington, DC

I. Welcome
 Chair Jane Garvey

II. Opening Remarks
Erin Walsh, Assistant Secretary for Global Markets and Director General of the Commercial
Service, U.S. Department of Commerce

III. Deliberation of Recommendation Letter & Next Steps
 Lead by Chair Jane Garvey

IV. Closing Remarks
The Honorable Secretary Wilbur Ross, U.S. Department of Commerce

V. Adjournment
Chair Jane Garvey

U.S. INVESTMENT ADVISORY COUNCIL MEETING

Thursday, May 11, 2017 | 9:30 – 11:30 AM

Department of Commerce| Washington, DC

I. Welcome
 Chair Jane Garvey and Vice Chair Catherine Smith

II. Opening Remarks
 The Honorable Secretary Wilbur Ross, U.S. Department of Commerce

III. A Perspective from the White House
 Jeremy Katz, Deputy Assistant to the President and Deputy Director of the National
 Economic Council, The White House

IV. Discussion of Priorities, Deliberation of Recommendation Letter,
 & Next Steps
 Lead by Chair Jane Garvey and Vice Chair Catherine Smith

V. Closing Remarks
 Fred Volcansek, Executive Director of SelectUSA, U.S. Department of Commerce

VI. Adjournment
Chair Jane Garvey

FEDERAL REGISTER NOTICE

U.S. INVESTMENT ADVISORY COUNCIL MEETING

Monday, October 31, 2016 | 1:30 – 3:30 PM

Department of Commerce| Washington, DC

I. Welcome
Chair Jane Garvey and Vice Chair Catherine Smith

II. Opening Remarks
The Honorable Deputy Secretary Bruce Andrews, U.S. Department of Commerce

III. Deliberation of Recommendations
Chair Jane Garvey and Vice Chair Catherine Smith

  • Workforce Development Subcommittee, Jeffrey Wilson, Subcommittee Chair
  • Investment Ecosystem Subcommittee, Mani Iyer, Subcommittee Member
  • Investment Competitiveness Subcommittee, Eric Spiegel, Subcommittee Chair
  • Infrastructure Investment Subcommittee, Peter Lowy, Subcommittee Chair

IV. Reflections and Looking Ahead to 2017
Jason Miller, Special Assistant to the President and
Deputy Director of the National Economic Council, The White House
Ambassador Vinai Thummalapally, Executive Director of SelectUSA,
U.S. Department of Commerce

V. Council Priorities & Next Steps
Chair Jane Garvey and Vice Chair Catherine Smith

VI. Closing Remarks
Ken Hyatt, Acting Under Secretary for International Trade Administration, U.S.
Department of Commerce

VII. Adjournment
Chair Jane Garvey

FEDERAL REGISTER NOTICE

______________________________________

U.S. INVESTMENT ADVISORY COUNCIL MEETING

Tuesday, June 21, 2016 | 9:15 AM – 11:30 AM | EEOB 350

I. Welcome
Chair Jane Garvey and Vice Chair Catherine Smith

II. Opening Remarks
The Honorable Secretary Penny Pritzker,
U.S. Department of Commerce

III. Introductory Remarks
Jeff Zients, Director of the National Economic Council and Assistant
to the President for Economic Policy

IV. Administration Priorities for Foreign Direct Investment
The Honorable Deputy Secretary Bruce Andrews,
U.S. Department of Commerce

V. U.S. Government Briefings
Ambassador Vinai Thummalapally, Executive Director of SelectUSA
U.S. Department of Commerce

VI. Next Steps
Chair Jane Garvey and Vice Chair Catherine Smith

VII. Closing Remarks
Marcus Jadotte, Assistant Secretary for Industry & Analysis, U.S.
Department of Commerce

VIII. Adjournment
Chair Jane Garvey and Vice Chair Catherine Smith

FEDERAL REGISTER NOTICE

IAC Membership and Contact Information

About the Investment Advisory Council (IAC)


IAC CHARTER