From the Document: "U.S. efforts to attract foreign direct investment (FDI) primarily take place at U.S. state and local levels, such as through economic development organizations (EDOs), which work to attract business investment locally and regionally. At the same time, federal efforts to coordinate investment promotion also exist. Currently, federal efforts are focused through SelectUSA, a Department of Commerce program established in 2011 (Executive Order 13577), which aims to coordinate federal efforts to attract and retain 'job-creating' business investment in the United States. SelectUSA focuses both on drawing foreign investors to the United States and working to 're-shore' U.S. firms. For the 117th Congress, SelectUSA may present issues as to its possible codification, funding, economic impact, and implications for other investment policy issues."
CRS In Focus, IF10674
Congressional Research Service: https://crsreports.congress.gov/