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SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, in response to Trade Promotion Authority (TPA) legislation introduced by Senators Max Baucus (D- Mont.) and Orrin Hatch (R-Utah) and Representative Dave Camp (R-Mich.).
"SIFMA commends the introduction of Trade Promotion Authority (TPA) legislation, which is a critically important tool for opening new markets, leveling the playing field for financial services companies, and enhancing U.S. leadership in the global trade agenda. We look forward to reviewing the details of this legislation with our members and expect it will move the Trans-Pacific Partnership toward a successful conclusion, and provide additional momentum to the Transatlantic Trade and Investment Partnership (TTIP) and Trade in Services Agreement negotiations."
