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U.S.-Colombia Free Trade Agreement Reports from CRS
November 24, 2010 by Cindy Arevalo|Congress

The Congressional Research Service has issued two reports on the proposed U.S.-Colombia Free Trade Agreement entitled “The Proposed U.S.-Colombia Free Trade Agreement” (RL34470) and “The Proposed U.S.-Colombia Free Trade Agreement: Labor Issues” (RL34759).

TSA Administrator Discusses TSA Priorities at Senate Hearing
November 23, 2010 by Cindy Arevalo|Congress

On November 17, 2010, the Senate Commerce, Science, and Transportation held an oversight hearing on the Transportation Security Administration. In their opening statements, Chairman Rockefeller (D) and Ranking Member Hutchison (R) pledged to make sure TSA has the resources it needs to address key security concerns as part of the TSA authorization process (which is not expected to happen until the 112th Congress). Both the Chairman and Ranking Member expressed concerns about security issues related to cargo, general aviation, mass transit, passenger screening, etc.

Hearing on Trade Barriers Facing U.S. Companies in the Digital Trade
November 23, 2010 by Cindy Arevalo|Congress

On November 8, 2010, the Senate Finance Committee’s International Trade, Customs and Global Competitiveness Subcommittee held a hearing on “International Trade in the Digital Economy.” During this hearing, various witnesses described trade barriers faced by U.S. technology companies, including secret regulations, licensing standards, etc. Subcommittee Chairman Wyden noted that as U.S. technology firms create and expand the global market for digital products, foreign governments are increasingly resorting to discriminatory measures against U.S. technology and content providers.

GAO Responds to Senate Maritime Security Questions
November 23, 2010 by Karen Marzullo|Congress

The Government Accountability Office has posted its letter to the Chairman and Ranking Member of the Senate Commerce, Science, and Transportation Committee responding to questions for the record, from a July 2010 hearing on port security.

Japan-U.S. Relations: Issues for Congress as Reported by CRS
November 22, 2010 by Marie Rapport|Congress

The Congressional Research Service has issued a report (RL33436) entitled: "Japan-U.S. Relations: Issues for Congress," which states that outside of North America, Japan is the U.S.' second-largest export market and second-largest source of imports. In addition, Japanese firms are the U.S.' second-largest source of foreign direct investment, and Japanese investors are the second-largest foreign holders of U.S. treasuries, helping to finance the U.S. deficit and reduce upward pressure on U.S. interest rates.