George Holding

George Holding

NORTH CAROLINA's 13th DISTRICT

Why Protecting Our Trade Secrets Is Essential To Saving the Economy

2014/08/18

Why Protecting Our Trade Secrets Is Essential To Saving the Economy Business Insider By: Congressmen Hakeem Jeffries (D-NY), Howard Coble (R-NC), John Conyers Jr. (D-MI), Steve Chabot (R-OH), Jerrold Nadler (D-NY), and George Holding (R-NC), Members of the House Judiciary Committee Augst 18, 2014 Unlike a patent or copyright, a trade secret is non-public intellectual property. It gains economic value because of its secrecy. Some of the most recognized trade secrets include Coca-Cola’s formula and KFC’s famous recipe, but trade secrets include many different types of confidential business information critical to the success of both large and small companies in the United States. The devastating reality is that theft of trade secrets costs the American economy billions of dollars per year. Although criminal laws exist to combat such theft, the FBI [Federal Bureau of Investigation] said in a recent Congressional hearing that “[p]rotecting the nation’s economy from this threat is not something the FBI can accomplish on its own.” Trade secret owners take reasonable measures to keep this information out of the public eye because once it is disclosed, its protection is gone forever. According to the Office of the National Counterintelligence Executive, “trade secrets are all forms and types of financial, business, scientific, technical, economic, or engineering information, including patterns, plans, compilations, program devices, formulas, designs, prototypes, methods, techniques, processes, procedures, programs, or codes, whether tangible or intangible, and whether stored or unstored, compiled, or memorialized physically, electronically, graphically, photographically, or in writing...” While some trade secrets might be eligible for other types of intellectual property protection, many involving the methods and processes necessary to create products are not. In February 2013, the Executive Office of the President released a report documenting the scope of trade secret theft which showed serious cause for concern. The report first states that, “[e]merging trends indicate that the pace of economic espionage and trade secret theft against U.S. corporations is accelerating” including many recent attacks originating from foreign governments. Second, the report gives examples of the magnitude of trade secret theft to individual companies (such as theft of Ford’s trade secret valued at $50 million, theft of a Goldman Sachs trade secret valued at $500 million, a stolen Dupont trade secret valued at $400 million) but one may conclude that trade secret theft in the U.S. is vast, and possibly too great to quantify. Protection for trade secrets in the U.S. is currently accomplished through a patchwork of Federal criminal law and state civil statutes. Criminal cases are prosecuted by the FBI. While significant resources have been dedicated to the FBI for trade secret theft in recent years, “the number of economic espionage and theft of trade secrets cases overseen by the unit increased by more than 60 percent” between 2009 and 2013. American businesses own an estimated $5 trillion dollars of trade secrets, with roughly $300 billion of that stolen per year. At this rate, a criminal cause of action alone is not enough. That is why we introduced the “Trade Secrets Protection Act of 2014” to create a civil cause of action that allows trade secret owners to directly combat theft of their intellectual property in federal court. Our bill will provide U.S. companies with additional tools to combat destructive threats to valuable information. While state laws may have been effective in the past, the digital information age has changed the dynamic of trade secret theft. Theft of proprietary information is no longer only physical misappropriation, but now may include hundreds of files downloaded onto a flash drive or sent around the world instantaneously. Moreover, not all state laws are identical, nor are state court procedures, which adds to the complexity of seeking remedies in this venue. Instead, expanding the venue of civil trade secret actions to federal court will foster the development of a national standard for use by businesses of all types and sizes to protect their intellectual property. The current patchwork is simply not enough to combat organized trade secret theft. All other forms of intellectual property – patents, copyrights, and trademarks – are afforded a civil cause of action in federal law. It is time we confer trade secrets with a similar level of protection to substantially mitigate the billions of dollars lost annually through theft of our intellectual property.   Read More

Rep. Holding Discusses Foreign Policy & Economy in WGBR Interview

2014/08/07

Congressman George Holding (NC-13) talked with WGBR's Carol Bowden about the president's failing foreign policy and solutions to boost our economy – such as reforming the tax code and cutting wasteful spending. Audio and key excerpts are below: Rep. Holding on Terrorism in Iraq: "Iraq has gone from being a nation that we liberated from Saddam Hussein to being a safe haven for terrorists who reach out and inflict terror around the world. … “This terrorist group [ISIS] is more dangerous than al Qaeda – they’re self-sustaining. They overran the central bank in Mosul and took out over half a billion – they overran it, they robbed the bank – and reports say they got upwards of half a billion dollars. … “And we had the opportunity last year, we had hearings in the foreign affairs committee last year notifying the administration that this terrorist threat was building, it’s building, these are the reports that we are getting out of the area. And the Obama administration did nothing. The Iraqis came in and asked for drone strikes when the terrorist group, they were camped out in the desert prior to attacking Baghdad. And they [Iraqis] asked for air strikes – the Obama administration declined to do that. This feeds into a complete narrative of the Obama administration – they just want to pretend that nothing is wrong in the world.” Rep. Holding on the Economy: "So we’re moving much, much in the wrong direction. We have to cut spending – we really have to cut spending. But we also need to get this country growing again, and I think through tax reform, it would be a great way to get the country growing." ### Read More

Rep. Holding 'Concerned' After Latest Jobs Report

2014/08/01

FOR IMMEDIATE RELEASE: August 1, 2014 CONTACT: Alex Miehls, 202-226-8159 Washington, D.C. – This morning, Congressman George Holding (NC-13) issued the following statement in response to the Bureau of Labor Statistics’ unemployment report for July 2014: “After hearing the national unemployment rate ticked upward, I’m concerned for the small businesses, manufacturers, and people in my district. “Under this administration, it’s been one discouraging jobs report after another. But, through lower taxes, less government spending, and fewer regulations, we can unleash the American economy and produce good-paying jobs. “I hope the president will work with Congress to address our economy and get government out of the way to help the struggling people in my district and the rest of our country.” ### Read More

More Regulations Mean Fewer Jobs

2014/07/31

FOR IMMEDIATE RELEASE: July 31, 2014 CONTACT: Alex Miehls, 202-226-8159 Washington, D.C. – Congressman George Holding (NC-13) released the following statement in regards to the president’s increasing regulations, after a recent report stated the Obama administration may issue more than $34 billion in new regulations after the November election: “North Carolinians are struggling to make ends meet, so naturally I’m concerned about the report on the president’s new regulations that are set to be implemented after the November election. “Successful businesses are the key to creating jobs – yet they continue to face hundreds of extraneous rules and regulations – from Medicare changes to ice maker standards. Burdening them with additional regulations will mean fewer jobs and less opportunity for the people in my district. “The last thing we need is more regulations and heavier burdens placed on the backs of businesses and people in North Carolina.”   ### Read More

In Support of the Emergency Iron Dome Replenishment Act

2014/07/30

FOR IMMEDIATE RELEASE: July 30, 2014 CONTACT: Alex Miehls, 202-226-8159 Washington, D.C. – Congressman George Holding (NC-13) released the following statement in support of H.R. 5235, the Emergency Iron Dome Replenishment Act: "The Iron Dome Anti-Missile Defense System embodies the strategic partnership and close collaboration between the United States and Israel. "As Israel takes justified action to defend itself through Operation Protective Edge, the Iron Dome has continued to save countless lives in Israel – as Hamas shows no indication of halting their indiscriminate rocket offensive.  "I am proud to support this legislation, which further cements the United States’ commitment to the safety and security of Israel and its people. "The security of Israel and the path forward for peace can only be achieved by expelling Hamas from Gaza, eliminating Hamas’ stockpiles of rockets and weapons and closing the tunnel network that exports terror into Israel. As peace remains the ultimate goal, we must continue to ensure Israel has the capabilities in place to shield their citizens from Hamas’ chosen path of terror."  ### Read More

Congressman Holding Introduces Bipartisan “Trade Secrets Protection Act of 2014”

2014/07/29

FOR IMMEDIATE RELEASE: July 29, 2014 Contact: Alex Miehls, 202-226-8159   Congressman Holding Introduces Bipartisan “Trade Secrets Protection Act of 2014”   WASHINGTON, D.C. – Today, Congressman George Holding (NC-13), along with a bipartisan coalition of five members, introduced the Trade Secrets Protection Act of 2014, H.R. 5233, which will help provide American businesses and job creators the tools needed to protect valuable property, trade secrets.  Congressman Holding released the following statement:   “American businesses face relentless cyber security threats every day, costing our economy billions of dollars and tens of thousands of jobs each year.  As a way to help create jobs, grow our economy and protect our businesses, I have introduced the Trade Secrets Protection Act of 2014.  This bill will help supply American businesses, both large and small, with the tools needed to combat these destructive threats.   “As I have said before, American businesses are global leaders in innovation and job creation, yet they are faced with increasing threats to valuable information.  The current patchwork within state and federal statutes is not enough to keep pace with organized trade secret theft, resulting in a loss of nearly $100 billion which could mean 200,000 jobs, a recent report stated.   “By helping American businesses defend against these threats, we are not only protecting American interests, but helping recover the millions of dollars and thousands of jobs lost each year.”   Background:    The Trade Secrets Protection Act of 2014 follows a House Judiciary Committee hearing in which there was wide bipartisan support for a federal civil remedy for trade secret misappropriation legislation.  The TSPA is part of a bipartisan, bicameral legislative effort to amend the Economic Espionage Act of 1996.  The bill will help create a federal civil remedy for trade secret misappropriation within the Act’s definition of misappropriation, modeled after the Uniform Trade Secret Act. The Act does not preempt state law.   H.R. 5233 was introduced by Congressman George Holding on July 29, 2014.  Representative Steve Chabot (R-OH), Representatives Howard Coble (R-NC), Representative John Conyers (D-MI), Representative Hakeem Jeffries (D-NY), and Representative Jerrold Nadler (D-NY), have all joined as original cosponsors.   Please see below for statements from original cosponsors:   Ranking Member Rep. John Conyers (D-MI): "Trade secrets are fundamental to the success of any business.  U.S. companies have struggled to protect trade secrets due to innovative technology, which could ultimately harm the American economy.  To combat further economic damage of trade secret theft, my colleagues and I worked together to draft bipartisan legislation that will create a civil cause of action and allow companies to enforce their rights in federal court," said Ranking Member John Conyers Jr.   Rep. Steve Chabot (R-OH): “Trade secrets are extremely valuable and important to many American businesses, and, because they derive their value through their secrecy, trade secrets need strong protections to prevent their theft and disclosure,” said Chabot.  “Unfortunately, current law consists of a patchwork of federal and state provisions that are too often inadequate to prevent misappropriation of trade secrets, particularly in our ever-evolving digital world.  Our legislation will give American companies new tools to protect their trade secrets as well as seek damages when misappropriation occurs.”   Rep. Hakeem Jeffries (D-NY): “American companies lose billions of dollars a year due to trade theft.  The FBI has worked diligently to address the threat presented to our economy, but additional tools are needed. The option of a federal civil cause of action is another arrow in the quiver to strike at the heart of trade secret theft. I am pleased to join with my Judiciary Committee colleagues today in co-sponsoring the Trade Secrets Protection Act of 2014.”   Rep. Jerrold Nadler (D-NY): “The value of trade secrets to U.S. companies is matched only by their tremendous vulnerability to theft. Innovative technologies have made it easy to obtain information and transfer it across the globe with the click of a cell phone, tablet, or computer key. At the same time, U.S. companies are increasingly targeted for trade secret theft by competitors, with some foreign governments actively encouraging and facilitating the theft of U.S. trade secrets,” said Rep. Jerrold Nadler (NY-10), the Ranking Member of the House Judiciary Subcommittee on Courts, Intellectual Property and the Internet. “In light of their value and vulnerability, it is essential that Congress provide robust protection for trade secrets and pass our bill.”   ### Read More

Congressman Holding on Rep. Jim Fulghum's Passing

2014/07/21

For Immediate Release: July 20, 2014       Congressman Holding on Rep. Jim Fulghum's Passing   RALEIGH, N.C. - Saturday evening, North Carolina Representative Jim Fulghum passed away after a short battle with cancer. Congressman George Holding released the following statement:   "Lucy and I are deeply saddened to hear of Jim's passing. Jim was truly a great American, friend, and mentor to me and to so many. His passing is a great loss for our community. Our thoughts and prayers are with his wife of 47 years, Mary Susan, and their family at this time."     ### Read More

Congressman Holding Asks Speaker Boehner to Invite Prime Minister Modi to Address Congress

2014/06/20

For Immediate Release: June 20, 2014       Congressman Holding Asks Speaker Boehner to Invite Prime Minister Modi to Address Congress   WASHINGTON, D.C. –  Today, Congressman George Holding (R-NC) sent a letter to Speaker John Boehner requesting that the Prime Minister of India, Narendra Modi, be allowed to address a Joint Meeting of Congress later this year. Congressman Holding released the following statement:   “Having led a Congressional Delegation to India last year, I stand committed to working with our partners in India to expand and facilitate greater understanding and enhanced cooperation between our two democracies. The U.S.-India bilateral relationship will be one of the defining partnerships of the 21st century and one which will be vital to U.S. strategic interests in the Asia-Pacific region. I am honored to join with the Chairman of the House Foreign Affairs Committee Ed Royce (R-CA) in asking the Speaker to invite Prime Minister Modi to address a Joint Meeting of Congress.”   Background:  Over 500 million people voted in the recent Indian elections, making it the world’s largest democratic event and a pivotal moment in India’s history. Prime Minister Modi will be travelling to Washington, D.C. later this year after winning the Indian elections this May.   Congressman Holding, a member of the House Foreign Affairs Committee and the Asia and the Pacific Subcommittee, led a Congressional Delegation to India last December.       ### Read More

Congressman Holding Introduces the RESPECT Act

2014/05/29

For Immediate Release: May 29, 2014     Congressman Holding Introduces the RESPECT Act Requires Digital Radio to Pay For Music Recorded Before 1972   WASHINGTON, D.C. – Today Congressman George Holding (NC-13) introduced the “Respecting Senior Performers as Essential Cultural Treasures” or “RESPECT” Act to ensure older artists receive compensation from digital radio services that use their work.  House Judiciary Committee Ranking Member John Conyers and several bipartisan members of the House, including five members of the Judiciary Committee Subcommittee on Courts, Intellectual Property, and the Internet joined as original cosponsors. Congressman Holding released the following statement:   “The Respect Act confronts an idiosyncrasy in the law that has resulted in some of our country’s greatest talents, who recorded music and other work, being denied just compensation by digital music services for work they recorded before 1972.    Due to a loophole in the law, digital services argue they don’t have to pay under their federal copyright license because recordings made before February 15, 1972 are covered by state law. But they aren’t paying these royalties under state law either - claiming it doesn’t apply to digital services at all. Currently, great recordings from the American Songbook -- including Sinatra, Motown hits, Country Classics, Jazz from North Carolina’s own John Coltrane, and our Beethoven of Banjo – Earl Scruggs -- are unfortunately losing out. America’s legacy artists deserve to be paid for their work and their property as much as their peers who recorded from the mid 70’s ‘til today. This was never the intent of Congress; it goes against the nature of copyright and property rights generally.   This legislation isn’t meant to disrespect digital music services – it’s meant to respect the accomplishments and efforts of legacy artists.  Digital music services play an important role in promoting artists of all generations and should be commended for bringing forth new technologies that are allowing us to enjoy music in new ways, often providing new revenue streams for some artists. This legislation is part of a broader conversation but with such as discrete problem as the one facing our legacy artists, and a clear path forward, Congress has a duty to act.  In the end, we believe this fix will benefit artists, consumers, and companies operating in this ecosystem.   The RESPECT Act corrects this situation and will help to ensure that, as all us enjoy their musical legacy, those who came before us and created some of our country’s greatest musical treasures get the respect they deserve.”   Background: Songs recorded after February 15, 1972 are protected by federal law, while songs recorded before that date are protected by state law.  Some successful digital music services refuse to pay royalties for “pre-72” music, however, arguing that the federal license they use doesn’t require payment for songs protected by state law.  However, they also refuse to pay royalties under state law – claiming that state laws don’t cover digital services at all.   The RESPECT Act addresses this quirk of history and law by requiring digital music services that use the federal compulsory licenses to pay royalties for the pre-72 music that they play.  It does not pre-empt state laws or fully federalize all pre-72 recordings, a more complicated issue that has already been referred by the Copyright Office to the Judiciary Committee for review.   It does not create any new federal copyright claims or prejudice non-commercial users of music in any way.       ### Read More

Congressman Holding on the Threat of Boko Haram

2014/05/21

Congressman Holding on the Threat of Boko Haram WASHINGTON, D.C. – After a House Foreign Affairs Committee hearing on the growing threat of Boko Haram, Congressman Holding released the following statement: “Boko Haram has been terrorizing Nigerian citizens for years, and unfortunately after the abduction of innocent schoolgirls last month, the world now is getting a glimpse of the reality Nigerians face on a daily basis. Nigerians are afraid to go to church, to school, or just outside their homes simply out of fear that they could be attacked or killed by Boko Haram’s thugs. We can no longer stand by and watch this happen – there are hundreds of young schoolgirls who need our help. Boko Haram thrives on fear and terror, and in the United States, we know this to be unacceptable and immoral. We condemn them for their violent actions, and it is critical that the U.S. stand with Nigeria. As highlighted at the hearing, the U.S. should bolster our intelligence sharing and security cooperation with Nigeria right now to aid in the safe recovery of these schoolgirls and support their mission to decimate Boko Haram.” Background: Boko Haram, a group with Al-Qaeda ties, emerged in the early 2000s and carry out deadly attacks in Nigeria, including suicide bombers, car bombs, and IEDs. They target large public areas, such as schools, government buildings, churches, and markets. They have attempted to infiltrate the Nigerian government, and targeted many local political leaders for assassination. More than 4,000 people have been killed by Boko Haram-related violence. Most recently, the group abducted over 200 schoolgirls aged 16-18, who remain unfound. On May 20, 2014, the House of Representatives passed a bipartisan resolution condemning the actions of Boko Haram. Today the House Foreign Affairs Committee held a hearing on Boko Haram where testimony was given by representatives from the State Department and the Department of Defense.   ### Read More

Loading legislation ... one moment please
Loading votes ... one moment please

Contact Information

507 Cannon HOB
Washington, DC 20515
Phone 202-225-3032
Fax 202-225-0181
holding.house.gov

Committee Assignments

Foreign Affairs

Judiciary

George Holding grew up in Raleigh, North Carolina. He attended the Groton School, Wake Forest University, and University of St. Andrew’s and has degrees in Classics and Law. Holding clerked for U.S. District Judge Terrence Boyle, practiced law with Kilpatrick Townsend and served as the United States Attorney for North Carolina.

As United States Attorney, his priorities included prosecution of violent felons, drug offenses, child pornography, and political corruption.  Holding prosecuted a U.S. Congressman, the Speaker of the North Carolina House, a judge, a state senator, a state representative, and several sheriffs for political corruption and a major terrorism case. When Holding left office the average sentence in drug trafficking cases in eastern North Carolina was well above the national average.

On January 3, 2013, Holding was sworn in as the Representative for North Carolina’s 13th Congressional District.  He serves on the Foreign Affairs Committee and the Judiciary Committee.

George and his wife Lucy have four children – three daughters aged 13, 12, and 11 and one son aged 3.


Serving With

Renee Ellmers

NORTH CAROLINA's 2nd DISTRICT

Walter Jones

NORTH CAROLINA's 3rd DISTRICT

Virginia Foxx

NORTH CAROLINA's 5th DISTRICT

Howard Coble

NORTH CAROLINA's 6th DISTRICT

Richard Hudson

NORTH CAROLINA's 8th DISTRICT

Robert Pittenger

NORTH CAROLINA's 9th DISTRICT

Patrick McHenry

NORTH CAROLINA's 10th DISTRICT

Mark Meadows

NORTH CAROLINA's 11th DISTRICT

Recent Videos