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General News    H3'ed 8/19/16

Why Wasserman Schultz' Failed 2014 Mid-term Election's Leadership facilitates the passage of Fast-Track Enabled TPP

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Critics claim Wasserman Schultz spends more energy tending to her own political ambitions than helping Democrats win: using meetings with DNC donors to solicit contributions for her own PAC/campaign committee, traveling to uncompetitive districts to court House colleagues for her potential leadership bid and having DNC-paid staff focus on her personal political agenda.

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The silver lining for President Obama in the dark cloud of the 2014 midterm elections is that with Republicans holding control of Congress, chances to move forward on approval of trade promotion authority (TPA) and other key trade deals have greatly improved.

This raises the question: Were the Democratic 2014 mid-term losses by design, in order to give President Obama enough votes to pass Fast-Track thereby greasing the track for the passage of the Trans-Pacific Partnership (TPP).

Read the rest of the story HERE:

At www.politico.com

 

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A seasoned financial professional, currently providing subject matter expertise on a variety of regulatory topics, including the Dodd-Frank Act, the Foreign Account Tax Compliance Act (FATCA) and overall compliance monitoring. He has previously held (more...)
 
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