Mr President, Sir

Fatca has affected America's global competitiveness

Fatca has also affected many Americans

Some Americans, including higher‑income individuals, have renounced citizenship and relocated, citing Fatca as a factor

I see it as an ill‑conceived piece of legislation that would benefit from careful reconsideration

It has created challenges for Americans both at home and abroad

In particular, it has prompted some wealthier Americans to leave and has influenced patterns of international residence

I find this outcome unfair

It has imposed significant legal and compliance burdens on business activity, which I view as at odds with principles of economic freedom

Mr Trump, I ask that Fatca be reconsidered

I hope to see Americans able to prosper again

I hope America regains strong success on the global stage