Huffington Post: Democrat Says Obama Administration Dodging Request To Read Trade Deals Without Restrictions

Archive

WASHINGTON — A Democratic congressman has accused the Obama administration of dodging his request for “unimpeded” access to two controversial trade agreements — reigniting a dispute over transparency as the president presses legislators for so-called “fast-track” authority, which would block members of Congress from offering amendments to either deal. [Reposted from the Huffington Post  | …

Details

Inside US Trade: House Bill Would Prohibit President From Entering Into Trade, Investment Deals With ISDS Provisions

Archive

Editor’s Note: On Feb. 13, 2015 Congressman Mark Pocan (D-WI) introduced H.R. 967, a bill which would prohibit the president from entering into free trade agreements or investment treaties that include investor-state dispute settlement provisions. [Reposted from Inside US Trade  |  February 17, 2015] The twelve Democrats co-sponsoring the bill included: James McGovern (D-MA), Jan…

Details

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

Archive

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…

Details

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

Archive

  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…

Details