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ICI Applauds Passage of the ‘Big Beautiful Bill’

Washington, DC; July 3, 2025—Today, Investment Company Institute (ICI) President and CEO Eric Pan released the following statement on the passage of the One Big Beautiful Bill Act. “The One Big Beautiful Bill Act reflects a strong recognition of the importance of long-term saving...

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ICI Welcomes Removal of Section 899 from Tax Bill

Washington, DC; June 26, 2025—Today, the Investment Company Institute (ICI) issued the following statement after Section 899 was removed from the One Big Beautiful Bill Act thanks to negotiations between the Trump Administration and G7 countries: “ICI applauds today’s announcement...

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ICI Statement on Japan's Asset Management Policy Reforms

Brussels, Belgium, 16 June 2025— Today, Investment Company Institute (ICI) President and CEO Eric J. Pan released the following statement on the Japanese Basic Policy on Economic and Fiscal Management Reform 2025 (Japanese Only): “ICI applauds the Japanese government’s steadfast...

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ICI Announces Tom Quaadman Will Lead Government Affairs

Leading trade group representing fund industry welcomes U.S. Chamber of Commerce Senior Vice President as Chief of Government Affairs and Public Policy Washington, DC; June 16, 2025—Investment Company Institute (ICI) President and CEO Eric J. Pan announced today that Thomas “Tom”...

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ICI Applauds Introduction of House Bill to Reform FSOC

Washington, DC, June 3, 2025—Today, Investment Company Institute (ICI) President and CEO Eric J. Pan released the following statement after the Financial Stability Oversight Council Improvement Act was introduced by Representatives Bill Foster (D-IL) and Bill Huizenga (R-MI). The...

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ICI Statement on Section 899

Washington, DC; May 30, 2025—Today, the Investment Company Institute (ICI) issued the following statement on Section 899, a provision of the House-passed reconciliation bill, the One Big Beautiful Bill Act: "It is entirely understandable and correct for Congress to write laws that...