EPI: The Trans-Pacific Partnership Could Be Much Worse than the Over-Hyped Korea Deal

President Obama and his predecessors have frequently claimed that free trade agreements (FTAs) and other trade deals will lead to growing exports and domestic job creation. The president is currently negotiating two massive new FTAs that are likely to result in increased outsourcing and growing job losses, especially in the manufacturing sector. This paper reviews recent…

MarketWatch: “Lew says trade laws could thwart foreign QE efforts “

  CEO Michael Stumo’s comment: “Treasury Secretary Jacob Lew’s opposition to fixing rampant global currency devaluation is extraordinarily off the mark. He says it could hamper quantitative when the proposals target entirely different mechanisms, specifically for an exchange or in reserve accumulation. This shows the administration is simply obstructing a fix. It also shows that…

Sherrod Brown: As Trade Talks Continue, Bipartisan Group of Senators to Unveil Bill to Stand Up For American Jobs By Addressing Currency Manipulation

Sens. Brown, Sessions, Schumer, Graham, and Stabenow to Introduce the Currency Exchange Rate Oversight Reform Act of 2015. Addressing Currency Manipulation Could Create Nearly Six Million Jobs by Leveling the Playing Field for American Manufacturers and Workers. [Reposted from Senator Sherrod Brown’s website  |  February 9, 2015] WASHINGTON, D.C. — As Congress prepares to review…