Senate Fast Tracks Trans Pacific Partnership

15 May
Trans Pacific Partnership

On May 13, 2015 Senate negotiators reached a deal to move forward on so-called “Fast Track” legislation – a bill that would allow the President to send secretly negotiated, industry authored trade deals like the Trans Pacific Partnership (TPP) to Congress for an up or down vote, no amendments allowed. Multinational corporations stand to gain enormous benefits from TPP, which would likely give them incredible power, including the right to sue local governments in international tribunals for democratically-enacted laws, like GMO labeling, that they claim hurt their profits.