At today’s daily briefing, White House spokesman Josh Earnest communicated the president’s threat to veto any trade promotion authority (TPA) that “could undermine the independence or ability of the Federal Reserve to make monetary policy decisions”. (The question was posed at minute 42:50, Mr. Earnest’s answer starts at 43:31, and the lead up to this…
Posted on May 22, 2015 For Immediate Release Contact: John Hansen 402-476-8815 Nebraska Farmers Union Brings Country Support for COOL to Washington, DC LINCOLN (May 22, 2015) – Nebraska Farmers Union (NeFU) sent two of their state leaders to Washington, DC…
A decade in the making, the controversial Trans-Pacific Partnership (TPP) is reaching its climax and as Congress hotly debates the biggest trade deal in a generation, its backers have turned on the cash spigot in the hopes of getting it passed. [Reposted from The Guardian | C Robert Gibson and Taylor Channing | May 27,…
Late Friday evening, May 22, 2015, the Senate voted to pass the Trade Promotion Authority (H.R. 1314) by a vote of 62 to 37 to give President Obama the authority to “fast-track” trade agreements through 2018, with an extension to 2021 possible. If this legislation also passes the House, this would mean that the Trans-Pacific…
The Progressive Coalition for American Jobs will aid ads in 11 states. [Reposted from Politico | Edward Isaac-Dovere | May 26, 2015] President Barack Obama has promised to protect anyone who gets hammered in next year’s elections for supporting his trade agenda. The Progressive Coalition for American Jobs, which is being advised by Obama campaign…
House Ways & Means Committee Chairman Paul Ryan (R-WI) has pledged to members of the House Steel Caucus that he will accept the trade remedy law changes championed by Sens. Rob Portman (R-OH) and Sherrod Brown (D-OH) in the Senate version of the customs bill when the legislation is conferenced, according to a Ways &…
WASHINGTON — A flurry of last-minute deal-making on the Senate floor Thursday rescued President Obama’s ambitious trade agenda from defeat, advancing legislation that would empower the president to complete a sweeping, 12-nation Pacific trade accord. [Reposted from The New York Times | Jonathan Weisman | May 21, 2015] The bill, the first to grant a…
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U.S. shoppers can’t have a label telling them where their beef was born and raised. Such consumer information would be a violation of the North American Free Trade Agreement, according to the World Trade Organization. [Reposted from the Billings Gazette | May 20, 2015] Basically the rulings says that telling U.S. consumers which products are…
BEIJING — Several of the six Chinese scientists who were charged with economic espionage by the United States this week are young stars in their fields, and any government ties they have are rooted in their work with a university vying to be a major force in microchip engineering and sales, according to online documents…