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Post date: May 13 2015

Statement by A.G. Schneiderman on U.S. Senate Vote Against the Trans-Pacific Partnership

NEW YORK - Attorney General Eric T. Schneiderman today released the following statement on today's vote by the United States Senate to not take up legislation ensuring fast-track negotiating authority to close the Trans-Pacific Partnership agreement:

"I applaud the Senate for refusing to fast-track approval for the Trans-Pacific Partnership, demonstrating necessary caution with this troublesome and opaque agreement. Along with many other states, I have serious concerns regarding a TPP provision creating special tribunals to decide claims by foreign investors, jeopardizing the ability of regulators like my office to defend our robust laws from challenges by wealthy, corporate interests. This entirely separate rule of law has no place in a nation committed to equal justice for all. Congress must continue to stand against the TPP."

Last month, Attorney General Schneiderman penned an op-ed in Politico Magazine about the potential for the Trans-Pacific Partnership agreement to undermine state law and authority. Read it here.