Lew Threatens Administration Veto Of TPA If Currency Amendment Succeeds
U.S. Treasury Secretary Jacob Lew is taking on Sens. Robert Portman (R-OH) and Debbie Stabenow (D-MI) with a new warning that the administration would veto a final Trade Promotion Authority (TPA) bill if it includes the senators' amendment on currency manipulation. In a letter sent Tuesday (May 19) to the heads of the Senate Finance Committee that was publicly released by Treasury, Lew said the Obama administration "cannot support the inclusion of amendment 1299 in TPA," in reference to the...