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FEDERALhearing transcript

Congressional Hearing on the Trans-Pacific Partnership (TPP)

Original title: THE TRANS-PACIFIC PARTNERSHIP: PROSPECTS FOR GREATER U.S. TRADE

January 1, 2015

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The Frame

What this does

This hearing served as a formal legislative forum to debate the merits of the TPP, a proposed trade agreement that would establish new economic guidelines between the U.S. and several Pacific-rim nations, directly impacting future U.S. export opportunities and labor standards.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

U.S. Businesses

Companies engaged in international trade would be subject to new regulatory guidelines and market access rules established by the TPP.

Labor Unions

Labor organizations are involved in the debate regarding how trade agreements impact domestic labor conditions and international standards.

What changed

Last recorded activity January 1, 2015.

What's next

Next step not available in the current record.

Summary

The House Subcommittee on Asia and the Pacific held a hearing on March 4, 2015, to discuss the potential economic and strategic impacts of the trade agreement. The session featured testimony from experts representing business, labor, and policy research organizations regarding the future of U.S. trade in the Asia-Pacific region.

Key Facts

  • The hearing took place on March 4, 2015, in the Rayburn House Office Building.
  • Three of the top seven U.S. trading partners are located in Asia.
  • Asian nations hold over $2.5 trillion in U.S. Treasury bonds.
  • The subcommittee heard testimony from four witnesses representing the American Enterprise Institute, the U.S. Chamber of Commerce, the Center for Strategic and International Studies, and the AFL-CIO.
  • The hearing was conducted by the Subcommittee on Asia and the Pacific under the 114th Congress.
  • The TPP is described as a proposed trade agreement intended to set comprehensive and high-standard guidelines for trade and commerce in the Asia-Pacific region.

Frequently Asked Questions

What is the purpose of the Trans-Pacific Partnership (TPP)?
According to the hearing, the TPP is intended to provide comprehensive and high-standard guidelines for trade and commerce in the Asia-Pacific region to improve the U.S. economy and provide stability.
Who testified at this hearing?
Witnesses included Claude Barfield (American Enterprise Institute), Tami Overby (U.S. Chamber of Commerce), Scott Miller (Center for Strategic and International Studies), and Celeste Drake (AFL-CIO).

Why It Matters

This hearing served as a formal legislative forum to debate the merits of the TPP, a proposed trade agreement that would establish new economic guidelines between the U.S. and several Pacific-rim nations, directly impacting future U.S. export opportunities and labor standards.

News Coverage

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Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Focus on Asia-Pacific Trade

The hearing highlights a strategic pivot toward formalizing trade guidelines in the Asia-Pacific region to maintain U.S. economic influence.

Connected Entities

personCeleste DrakeWitness, AFL-CIOMap →
personScott MillerWitness, Center for Strategic and International StudiesMap →
organizationHouse Committee on Foreign AffairsParent committee of the subcommitteeMap →
personBrad ShermanRanking Member of the SubcommitteeMap →
personMatt SalmonChairman of the Subcommittee on Asia and the PacificMap →
personTami OverbyWitness, U.S. Chamber of CommerceMap →
personClaude BarfieldWitness, American Enterprise InstituteMap →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100
  • Significance65
    How much this matters to a regular citizen
  • Controversy50
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz20
    Current news / social attention level

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