The Trans-Pacific Partnership (TPP) represents a once-in-a-generation opportunity for America to set the rules for global trade in the 21st century. The agreement aims to expand access to the world’s fastest-growing markets, even as we enshrine higher standards of protection for workers and consumers.
Recently, questions have arisen over how we will protect the progress toward a safer financial system that we have made since the crisis in the context of these trade negotiations. President Obama inherited a financial crisis that was the consequence of years of poor financial regulation, and he made Wall Street reform a top priority as he worked with Congress to craft a set of historic protections that ultimately became the Dodd-Frank Act. Since he signed that legislation in 2010, his Administration has made significant progress implementing its key provisions. Just as important, the President has pushed for stronger rules across the globe through the G-20 and other venues, and he has also fought against repeated attempts to undermine Wall Street reform here at home. He will do whatever it takes to make our financial system stronger and more stable.
Fonte: White House