[Congressional Record Volume 171, Number 80 (Tuesday, May 13, 2025)]
[Extensions of Remarks]
[Page E415]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                   WORLD IP DAY AND INVENTIONS CAUCUS

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                            HON. KEVIN KILEY

                             of california

                    in the house of representatives

                         Tuesday, May 13, 2025

  Mr. KILEY of California. Mr. Speaker, I rise today to commemorate 
World Intellectual Property Day and the creation of the Congressional 
Inventions Caucus.
  The newly created caucus will work to foster education, 
collaboration, and legislative action on intellectually property issues 
in Congress. I would like to thank Rep. Deborah Ross for leading this 
caucus with me in the House, as well as Sen. Daines and Sen. Coons.
  Copyrights, patents, trademarks, and trade secrets are key to 
America's innovation, industrial strength, standard of living, and our 
economic and national security.
  Intellectual property-intensive firms account for 44 percent of U.S. 
jobs and better pay and benefits than jobs with that utilize little or 
no intellectual property.
  It is integral to cutting-edge technologies, discovery, and 
development of new miracle medicines, sophisticated computing, and 
advanced microchips. Intellectual property is also foundational for 
movies, music, publishing, and much more.
  Intellectual property industries produce almost 80 percent of U.S. 
commodity exports. Many of these industries even have trade surpluses 
since the United States is the world's top intellectual property 
exporter, with exports valued at $140 billion in 2024.

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