TPP Financial Services Chapter Opens Door To Broader ISDS Claims

  Updated: The Trans-Pacific Partnership (TPP) chapter on financial services gives private firms in that sector broader grounds to sue member governments than previous U.S. free trade agreements by incorporating obligations for parties to accord a “minimum standard of treatment” to financial services investments and subjecting that commitment to investor-state dispute settlement (ISDS). November 10,…

Obama’s Trade Deal is in Trouble

  President Obama’s trade deal with 11 other Pacific Rim countries is in deep trouble with Congress. Speaker Paul Ryan (R-Wis.) and Senate Finance Committee Chairman Orrin Hatch (R-Utah) haven’t decided whether they’re going to support the Trans-Pacific Partnership (TPP) — even after they helped the president win fast-track authority in a bruising interparty fight…