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. Such efforts currently are focused through SelectUSA, a Department of Commerce program established in 2011 (Executive Order 13577). SelectUSA aims to coordinate federal efforts to attract and retain 'job-creating' business investment in the United States. The program focuses both on drawing foreign investors to the United States and working to 're-shore' U.S. firms. Given the potential economic and competitiveness implications of U.S. efforts to attract inbound FDI, and the specific impacts that such activity may have on U.S. districts and states, Members of Congress may be interested in better understanding SelectUSA."
CRS In Focus, IF10674
Congressional Research Service: https://crsreports.congress.gov/