Foster Calls For Strong Protections Against Currency Manipulation In TPA

Press Release

As the House prepares to consider Fast Track trade authority, Congressman Bill Foster (IL-11) wrote Speaker Boehner and Leader Pelosi urging them to include strong, enforceable rules on currency manipulation in the Trade Promotion Authority ("TPA") legislation.

"I have consistently stated that I will only support Fast Track and the Trans-Pacific Partnership agreement if they net out positively for good paying jobs in my district. It is impossible to guarantee that without enforceable provisions to address currency manipulation," said Foster. "Any TPA that is proposed without these provisions in place undermines other benefits secured in any proposed trade deal. Confidence that the TPA directs the Administration to secure meaningful rules on currency manipulation is crucial to building the support necessary for broad bipartisan passage of the bill."

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