It's down to the wire, but Democrats appear to finally be getting serious about making sure the Trans-Pacific Partnership deal — a massive trade pact between the U.S. and 11 other Pacific Rim nations — is worker-friendly. And if it isn't, it may not happen at all. At issue is what's called trade promotion authority — or "fast track" authority — which would give the president the ability to negotiate trade deals with other countries with some minimal criteria from Congress.
The Democrats Are Making A Stand On Currency Manipulation — And It's A Really Good Idea
The Week - Politics, The Week: Politics
Mon, 04/27/2015 - 2:26am
Topics: trans-pacific partnership pacific rim congress on wednesday nancy pelosi currency fred bergsten joseph gagnon economic policy institute epi february furthermore economists robert scott epi if officially japanese u.s federal reserve jared bernstein center budget policy priorities bergsten administration tpp but sens harry reid chuck schumer obama the white house tea party republicans if pelosi democrats u.s house white house tpp american epi federal reserve fed pelosi senate republicans making idea trade deficit foreign jobs deal economy assets track currencies countries fast authority rules year billion including government buying create dollar terms set job criteria lost close version force definition central denominated line vote muster trillion massive alternative china simple government-controlled governments policies approach moment million happen drives holdings demand protections pretty
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