Sen. Elizabeth Warren
urging progressive activists
to keep pressure on Congress to stop the TPP.
offers fresh criticism of trade deal
in new video.
Ahead of this weekend's Democratic platform fight, Sen. Elizabeth Warren (D-Mass.) has once again taken aim at the Trans-Pacific Partnership (TPP), skewering the corporate-friendly trade deal she says will allow for,
Warren makes the remarks about the 12-nation trade deal, which still needs Congressional approval, to progressive activists in a far below video released Thursday by social change network CREDO Action.
The deal, Warren says in the video,
Even in the drafting process industry representatives could exert influence, but there was no voice to represent American workers or consumers, she says.
One specific provision of the deal drawing Warren's ire (as it has before) is the "wonky-sounding" Investor State Dispute Settlement, or ISDS.
They do that not through courts but,
Faced with potential billions in fines,
Warren cites specific examples of ISDS challenges - last year when Canadian taxpayers got stuck with a $300 million bill after the country said a company couldn't expand of a quarry off the coast of Nova Scotia, and when Keystone XL company TransCanada used the ISDS provision of NAFTA to seek $15 billion from the U.S. for its rejection of the pipeline.
With ISDS in the TPP, Warren says,
She concludes by urging activists to continue their fight stop the TPP.
Watch the full 5-minute video of Warren's remarks below:
Mark Weisbrot, co-director of the Center for Economic and Policy Research and president of Just Foreign Policy, also criticizes the trade deal on Thursday, writing at The Hill that the TPP,
He cites, for example, how the deal,
Yet the agreement is "at the heart" of President Barack Obama's trade agenda.
Democratic presidential hopeful Hillary Clinton was for the deal before she opposed it, while rival Sen. Bernie Sanders (I-Vt.) has opposed the deal from the get-go.
Republican presumptive nominee Donald Trump, meanwhile, is opposed to it, and,
Despite the widespread party rejection of the deal, specific opposition to it was kept off of the DNC's platform during a drafting session in St. Louis, and Weisbrot argues that even if the full DNC platform committee fails to includes opposition to it when the group convenes in Orlando on July 8th and 9th,
To that end, while Warren's video did not explicitly mention the platform fight,
Ultimately, Weisbrot argues,
Also on Thursday, CREDO will join other major progressive organizations in releasing a petition signed by hundreds of thousands of Americans urging Democratic House Leader Nancy Pelosi to oppose a lame-duck vote on the TPP.
The post-election session, they groups say, is the only time when there's hope for congressional consideration of the deal in 2016...