WASHINGTON — A heated dispute over how to challenge China on currency policy has imperiled a trade bill that has become President Obama’s top legislative priority, uniting even the president’s top Democratic supporters against taking up the bill in the Senate. [Reposted from The New York Times | Jonathan Weisman | May 11, 2015] Senator…
An editorial by Pat Choate, a CPA supporter and author of “Saving Capitalism: Keeping America Strong”. President Obama is escalating his personal attacks on Senator Elizabeth Warren (D-MA) because of her opposition to the Trans Pacific Partnership (TPP). On Saturday May 9, 2016, he not only asserted in an interview with Yahoo that her opposition…
Today, the Senate makes a critical test vote on the Obama Administration’s trade agenda, kicking off a process that the White House hopes to end with the signing of an agreement between 12 nations called the Trans-Pacific Partnership. In preparation for this vote, President Obama has been deliberately antagonizing his critics, mostly liberal Democrats. Senator Elizabeth Warren…
In an interview with Yahoo News that ran over the weekend, President Obama intensified his push-back against Elizabeth Warren and other critics of the massive Trans-Pacific Partnership trade deal, flatly declaring that Warren is “absolutely wrong.” That came after a speech Obama delivered at Nike headquarters, in which he continued making an expansive case for…
Michael Stumo, CEO of CPA, appeared on The Corporation Nation with Clint Richardson, radio host. The show can be streamed here.
Senate leaders are determining what provisions to include in a trade bill that is supported by the White House and the Senate majority, but not many Senate Democrats. [Reposted from Roll Call | Matthew Fleming | May 11, 2015] Two bills are expected to be included: TPA, known as fast track, which speeds up consideration of trade…
A controversial trade bill is well shy of the votes needed to pass the House and faces a difficult vote in the Senate as the debate in Congress kicks off in earnest this week. [Reposted from Politico | Lauren French, Burgess Everett, and John Bresnehan | May 11, 2015] Congressional sources say that fewer than…
Representatives of labor unions, the Sierra Club and Central Valley-Sierra Progressives gathered Thursday in front of Rep. Jim Costa’s district office in downtown Fresno to urge the Democratic legislator to oppose a streamlined approval process for a politically divisive trade pact backed by President Obama. [Reposted from The Fresno Bee | Tim Sheehan | May…
President Obama is scheduled to visit Nike’s Oregon headquarters on Friday to promote the Trans-Pacific Partnership (TPP). Yes, Nike – a company that grew to billions by outsourcing jobs to overseas sweatshops, a company that sets up P.O.-box subsidiaries in tax havens to avoid paying U.S. taxes, a company that uses threats to extort tax…
Mitch McConnell is calling Harry Reid’s bluff. With his move to tee up a critical trade vote for Tuesday, the Senate majority leader challenged Reid (D-Nev.) to make good on his threat to block movement on trade until the Senate determines a strategy for surveillance legislation and highway funding. [Reposted from Politico | Sueng Min…
