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Apr 27, 2015

Time-sensitive episode! Congress is rushing to pass a bill that would grant the President Trade Promotion Authority (TPA), which hands Congress' power to negotiate international treaties to the Executive Branch. In this episode, we look at the details of the Trade Promotion Authority bill. Is giving the Executive Branch this power a good idea?


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Trade Promotion Authority (TPA) or Fast Track

H.R. 1890: "Bipartisan Congressional Trade Priorities and Accountability Act of 2015"

S. 995: "Bipartisan Congressional Trade Priorities and Accountability Act of 2015"

The following links are to the text of H.R. 1890, as introduced in the the House Ways and Means Committee. The Senate, as of April 26, has not sent the text of their version to the Government Publishing Office to be released to the public.

[caption id="attachment_1743" align="aligncenter" width="968"]Despite having been introduced on April 16 and passed out of the Senate Finance Committee on April 22, the text of Trade Promotion Authority had still not been submitted for public publishing on April 26 Despite having been introduced on April 16 and passed out of the Senate Finance Committee on April 22, the text of Trade Promotion Authority had still not been submitted for public publishing on April 26[/caption]

Section 2: Negotiating Objectives

Agriculture

Foreign Investment

Intellectual Property

Regulatory Practices

Government-Owned Industries

Localization

Labor and Environment

Anti-Corruption

Section 3: Trade Promotion Authority for the President

Procedures for the President to Enter International Agreements

Congressional Involvement in Negotiations

How to rescind Trade Promotion Authority

Information for the Public

Chief Transparency Officer

  • Creates a new position in the Office of the U.S. Trade Representative - the Chief Transparency Officer - who will "consult" with Congress on transparency policy, "assist' the public, and "advise" the U.S. Trade Representative

Sovereignty


Hearings Discussed in This Episode

"Congress and U.S. Trade Policy", Senate Finance Committee, April 16, 2015.

[caption id="attachment_1745" align="aligncenter" width="314"]People available for questions during the April 16 surprise hearing in the Senate Finance Committee about Trade Promotion Authority People available for questions during the April 16 surprise hearing in the Senate Finance Committee about Trade Promotion Authority[/caption]

"Congress and U.S. Trade Policy", Senate Finance Committee, April 21, 2015.

[caption id="attachment_1746" align="aligncenter" width="303"]People available for questions during the April 22 Senate Finance Committee hearing on Trade Promotion Authority People available for questions during the April 22 Senate Finance Committee hearing on Trade Promotion Authority [/caption]

Mark-Up Hearing for S. 995 (the Trade Promotion Authority bill), Senate Finance Committee, April 22, 2015.

Mark-Up Hearing for H.R. 1890(the Trade Promotion Authority bill), House Ways and Means Committee, April 22, 2015.


Additional Information


Music Presented in This Episode