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Tag: Trade Promotion Authority

Paul Ryan - Reuters

Paul Ryan Cornered: Claims Obamatrade More Transparent Than Iran Deal Even Though Text Still Hidden In Capitol Basement

House Ways and Means chairman Rep. Paul Ryan (R-WI) said on Fox News that he believes the Obamatrade process is more transparent than President Barack Obama’s negotiations with Iran—even though the text of the Trans Pacific Partnership (TPP) Pacific Rim trade deal that Trade Promotion Authority (TPA) would fast-track is currently being kept in secret in the basement of the U.S. Capitol and press and the public are not allowed to read it.

President Obama, Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell at the White House.

Obama Trade Deal In Trouble in Senate

It’s unclear if Mitch McConnell will now abandon his plans to push through Obama’s trade agenda, or if he’ll try again to pass it—but one thing is now clear: It’s going to be a lot more difficult than anyone thought to get this through the Senate even if it is possible to do so.