Former Rep. Frank urges White House, Congress to drop efforts to pass TPP

Former Rep. Frank urges White House, Congress to drop efforts to pass TPP
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A former Massachusetts Democratic lawmaker said Tuesday that President Obama and congressional leaders should forgo efforts to pass a Pacific Rim trade deal this year.

Former Rep. Barney Frank said trying to move the Trans-Pacific Partnership (TPP) through Congress after the November elections could further erode Americans’ withering confidence in the federal government.

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“The very act of their trying would further contaminate our already toxic political culture,” Frank wrote in an op-ed in the Boston Globe.

“And while sometimes the substantive value of succeeding justifies risking the downside of a failed attempt, winning in this case would do more damage than losing,” he said.

Frank said he opposes the TPP in its current form because there are no measures to offset the negative effects of trade such as job losses.

"What impact should this overwhelming verdict have on the plan to ratify the pact in the post-election session? I can sum it up in six letters: RIP, TPP," he said. 

Frank said that regardless of TPP’s merits “those who understand that public anger over the economic status quo has reached a level that will have damaging consequences for our ability to govern ourselves should do what they usually urge on others: put our long-term interest in the health of our democracy ahead of their particular economic concern." 

The presidential campaigns of Sen. Bernie SandersBernard (Bernie) SandersJam-packed primary poses a serious threat to Democrats in 2020 Treason narrative collapses; who bears responsibility? Pence hits 2020 Dems for skipping AIPAC MORE (I-Vt.) and Donald TrumpDonald John TrumpTrump: 'Haven't thought about' pardons for Mueller target Pence: Rocket attack 'proves that Hamas is not a partner for peace' Conservation remains a core conservative principle MORE, the Republican's presumptive nominee, have riled up middle-class voters who say they are being left behind. 

Sanders, Trump and Democratic nominee Hillary ClintonHillary Diane Rodham ClintonGraham: McCain 'acted appropriately' by handing Steele dossier to FBI Why Mueller's hedge on obstruction decision was a mistake Giuliani says news media treat Dems better than GOP MORE all oppose the TPP.

Clinton has said she would look to rework the agreement while Trump has said he would scrap all trade deals and start anew.

The negativity permeating the political landscape has proven difficult to combat and passing the trade deal would only stir up that sentiment, Frank said. 

“Figuring out a strategy to combat this excessive negativism among the public is hard,” Frank wrote.  

“But it is easy to think of something that would greatly exacerbate it: having the president, the Speaker, and the majority leader press a reluctant Congress to ratify a widely unpopular trade bill just weeks after a presidential campaign in which the overwhelming majority of voters selected two anti-TPP candidates for president and elected one of them in November," he said. 

Frank argued that any move to pass TPP would further confirm a view heard widely during the primary season "that the system is rigged for the rich and powerful and that the voters have no real say in what the federal government does" and passage will only go to show that a short-term gain can lead to long-term harm.

The White House is urging Congress to take a vote before the president leaves office and in turn they are ramping up those efforts to get TPP approved. 

U.S. Trade Representative Michael FromanMichael B.G. FromanUS trade rep spent nearly M to furnish offices: report Overnight Finance: Trump hits China on currency manipulation, countering Treasury | Trump taps two for Fed board | Tax deadline revives fight over GOP overhaul | Justices set to hear online sales tax case Froman joins Mastercard to oversee global business expansion MORE said failing to pass the massive TPP agreement will risk U.S. political, economic and strategic leadership in the rapidly growing region.  

Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellThe Hill's 12:30 Report: Trump, Dems eye next stage in Mueller fight House Oversight Dem wants Trump to release taxes and 'get it over with' Senate rejection of Green New Deal won't slow Americans' desire for climate action MORE (R-Ky.) has said the TPP doesn’t have a chance of coming up for consideration until after the November elections. 

House leaders — Speaker Paul RyanPaul Davis RyanFormer Dem candidate says he faced cultural barriers on the campaign trail because he is working-class Former House candidate and ex-ironworker says there is 'buyer's remorse' for Trump in Midwest Head of top hedge fund association to step down MORE (R-Wis.) or House Ways and Means Committee Chairman Kevin BradyKevin Patrick BradyJOBS for Success Act would recognize that all people have potential Smaller tax refunds put GOP on defensive Key author of GOP tax law joins Ernst and Young MORE (R-Texas) — have yet to suggest a specific time frame for a vote, saying they want to see if the Obama administration will address and resolve their concerns about the deal.

"Opposition to TPP was one of the few issues that most of the candidates agreed on this year," Frank said.

"And strong opposition to the deal was not just a stand-alone position on one specific issue," he said.

"It was one of the most important manifestations of a profound repudiation of what voters saw as a deeply unfair economic system, in which trade has played a significant role."