CEI Today: 11 states challenge Dodd-Frank, Obama's Paycheck Fairness Act, and a new Transoceanic Trade Partnership?

Eight More States Join Constitutional Challenge to Dodd-Frank Act

In an attempt to protect their pension funds, taxpayers and financial stability, the states of Alabama, Georgia, Kansas, Montana, Nebraska, Ohio, Texas and West Virginia today join a major lawsuit challenging the constitutionality of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

These states are asking the U.S. District Court for the District of Columbia to join the suit in order to challenge the validity of the Orderly Liquidation Authority, established under Title II of Dodd-Frank.  If permitted, these states would join the three states already in the lawsuit—Oklahoma, South Carolina, and Michigan — as well as three private plaintiffs: the State National Bank of Big Spring, Texas; the 60 Plus Association; and the Competitive Enterprise Institute.
> Read more

> Learn more about the lawsuit at cei.org/doddfrank

> Interview an expert


Obama Renews Call For Paycheck Fairness Act


In his State of the Union address last night, President Obama renewed his call for passage of the Paycheck Fairness Act, which would make it harder for employers to rely on certain merit-based factors “other than [gender]” in setting employee pay.

[But] two federal laws, the Equal Pay Act, and Title VII of the 1964 Civil Rights Act, already ban gender-based pay discrimination. Appealing to low-information voters who may not be aware of these laws, Obama
declared, “I ask this Congress to declare that women should earn a living equal to their efforts, and finally pass the Paycheck Fairness Act this year.” > View the full commentary

> Interview Hans Bader


CEI.org: Obama State of the Union - Will the Transoceanic Trade “Partnerships” be Free Trade Agreements?

President Obama announced during his State of the Union address that the United States would pursue two major agreements – a Trans-Pacific Partnership already in the works and a Transatlantic Partnership. CEI's Iain Murray warned that if the agreements instead are weighted down with protections, they will represent a lost opportunity to bring the undoubted benefits of free trade to all Americans and to other trading partners. > Read the full analysis

> Interview Iain Murray


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