Finance Committee Update on Bipartisan Tax Working Groups
WASHINGTON – Today, Senate Finance Committee Chairman Orrin Hatch (R-Utah) and Ranking Member Ron Wyden (D-Ore.) released an update on the committee’s bipartisan tax working groups, saying that they would allow the working groups more time to analyze current tax law and examine policy trade-offs and available reform options within each group’s designated topic areas. […]
Momentum Builds for Hatch-Wyden Approach to Currency Manipulation
With the Senate slated to vote on amendments to help curb currency manipulation this week, the Hatch-Wyden approach (#1411) continues to gain momentum. Recognizing Treasury Secretary Jack Lew’s concern that, “enacting a TPA currency discipline that requires an enforceable negotiating objective would likely derail our efforts to complete the [Trans Pacific Partnership] TPP” Agriculture Secretary […]
Congress Decides Whether New Countries Can Join a Trade Pact
Trade Promotion Authority Affirms Only Congress Can Change U.S. Law Many international free trade agreements (FTAs), including the Trans-Pacific Partnership (TPP), contain provisions that allow trade partners to review the progress of an agreement to see how it’s working and whether it should be updated. That includes the opportunity to add new parties to a […]
After a Week of Floor Debate, Hatch Calls for Cloture on Bipartisan TPA
In speech on Senate floor, Utah senator says, “I said at the beginning of this debate that this was, quite possibly, the most important debate we’ll have in Congress this year. It is President Obama’s top legislative priority. It is a very high priority for many of us in Congress. And, on the substance, this […]
Trade Tool Strengthens Congressional Input and Oversight in Trade Negotiations
Trade Promotion Authority establishes rules and negotiating objectives that the administration must follow when conducting trade talks. Click here to learn more about how TPA requires congressional consultation. ###
From Buffalo to Sacramento, Newspapers Coast-to-Coast Call for Congress to Pass TPA
Bipartisan Trade Tool Gives Congress and the American People a Voice It’s not just editorial boards from national papers that are endorsing Trade Promotion Authority (TPA). And it’s more than just thought leaders, industries of all types, and job creators that are praising the bipartisan trade tool. The Bipartisan Congressional Trade Priorities and Accountability […]
A Smart Approach to Curbing Currency Manipulation
Hatch-Wyden Amendment Strengthens America’s Ability to Respond to Changing Economies American job creators and workers can compete and win in today’s 21st century global economy as long as there is a level playing field. That’s why mercantilist trade practices, like currency manipulation, deserve serious attention and must be tackled with a smart approach. There’s no […]
Hatch: Responsible Currency Amendment will Strengthen TPA Bill without Threatening Trade Deals
Utah Senator Pushes for Smart Approach to Curb Currency Manipulation WASHINGTON – In a speech on the Senate floor today, Finance Committee Chairman Orrin Hatch (R-Utah) outlined how the Congressional Trade Priorities and Accountability Act of 2015 (TPA 2015) addresses concerns with currency manipulation and explained how the Hatch-Wyden currency amendment would further enhance […]
ISDS: Just the Facts
Trade Promotion Authority Sets High Standards for Investor-State Dispute Settlement Talk about Investor-State Dispute Settlement (ISDS) has caused confusion about how it relates to the current debate on Trade Promotion Authority (TPA). Let’s take a look at the facts: What is ISDS? In short, ISDS is a mechanism found in many trade agreements that gives […]
Hatch: TPA’s Unprecedented Transparency and Consultation Measures Give Congress and the Public Months to Review Trade Deals
In speech on Senate floor, Utah senator says, “Sixty days before the President can sign any trade agreement, he must publish the full text of the agreement on the USTR website so that the public can see it. This ensures an unprecedented level of transparency for the American people and gives our constituents the material […]