Senator Jeff Sessions is worried that the adoption of the Trans-Pacific Partnership would lead to an "historic international regulatory Commission" that would eoncmpass 90 percent of the world's GDP. He's concerned that it would "[create] a self-governing and self-perpetuating Commission with extraordinary implications for American workers and American sovereignty."
“The House is preparing to vote again tomorrow on providing fast-track executive authority to the President. If adopted, it will be sent immediately to the Senate for final consideration," Sessions says in a statement to be released tonight.
"It is essential that there be no misunderstanding: fast-track preapproves the formation of not only the unprecedentedly large Trans-Pacific Partnership, but an unlimited number of such agreements over the next six years. Those pacts include three of the most ambitious ever contemplated. After TPP comes the Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union, followed by the Trade in Services Agreement (TiSA), seeking as one its goals labor mobility among more than 50 nations. Together, these three international compacts encompass three-fourths of the world’s GDP. Including the nations whose membership is being courted for after enactment, the countries involved would encompass nearly 90 percent of global GDP. Yet, through fast-track, Congress will have authorized the President to ink these deals before a page of them has been made public. Then, the Executive sends Congress 'implementing' legislation to change U.S. law—legislation which cannot be amended, cannot be filibustered, and will not be subjected to the Constitutional requirement for a two-thirds treaty vote.
"According to the European Commission, the TiSA agreement—which most House and Senate members did not know about when they voted—will follow in the footsteps of the WTO’s Trade in Services Provisions, which has already inhibited the U.S. from making needed immigration changes. The European Commission says the EU 'wants as many countries as possible to join the agreement.' We have already seen how the EU has curtailed sovereignty in Europe; we do not want to follow in its footsteps.
"This nation has never seen an agreement that compares to the TPP, which forms a new Pacific Union. This is far more than a trade agreement, but creates a self-governing and self-perpetuating Commission with extraordinary implications for American workers and American sovereignty.
"Such a historic international regulatory Commission should never be fast-tracked, and should never be put on a path to passage until every word has been publicly scrutinized, every question answered, and every last power understood by Congress and the American people.”
The House is expected to vote on the trade bill tomorrow.