Chris Brummer Chairs Panel on Financial Stability with New York Federal Reserve and European Commission

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Chris Brummer Chairs Panel on Financial Stability with New York Federal Reserve and European Commission

https://www.newyorkfed.org/medialibrary/media/research/conference/2018/ecnyfedcepra_031318.pdf?la=en

Professor Chris Brummer chaired a panel at the New York Fed with John Berrigan, the European Commission’s Deputy Director-General for Financial Stability, Financial Services and Capital Markets Union, Elka Koenig, the Banking Union’s Single Resolution Mechanism head, and Nathan Sheets a former Under Secretary of the Treasury for International Affairs.  The conference, The Transatlantic Economy Ten Years after the Crisis: Macro-Financial Scenarios and Policy Responses, was co-sponsored with the European Commission.

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French Regulators to Release CryptoCurrency Rules

Bitcoin Rally Underway

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

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Chris Brummer Shares Views of Bitcoin, Initial Coin Offerings with Congress

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Chris Brummer Shares Views of Bitcoin, Initial Coin Offerings with Congress

Chris Brummer's testimony regarding what should be included in an ICO white paper
Chris Brummer’s full testimony regarding what should be included in an ICO White Paper

Professor Chris Brummer delivered testimony on the proper regulation of cryptocurrencies and ICOs before Congress’s House Financial Services Subcommittee.  The testimony was broadcast on C-SPan and covered in a number of venues, including here.  The full written testimony can be found here.

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What Should Be in an ICO White Paper?

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IIEL Teams Up with Atlantic Council for Press Briefing on US Tariffs

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

IIEL Teams Up with Atlantic Council for Press Briefing on US Tariffs

Atlanta Council Members discuss Trump's Tariff, Chris Brummer comments
Chris Brummer and others discuss Trump’s Tariffs

In a wide-ranging discussion for dozens of media outlets, the IIEL’s Faculty and Senior Fellows addressed the implications of the tariffs for WTO and regional trade initiatives, prospects for retaliation and how the current regime compares to past U.S. tariffs in the steel and aluminum sectors.   You can listen to a recording of the press call here.

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Georgetown’s IIEL Releases New Proposal for WTO Appellate Body Reform

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Georgetown's IIEL Releases New Proposal for WTO Appellate Body Reform

TRANSITION ON THE WTO APPELLATE BODY: A PAIR OF REFORMS?, Disucssion by Chris Brummer
Source: Georgetown Law https://georgetown.app.box.com/s/jwcvlz2thwtv3dhgdne0nkfk3vlpv3sf

The United States has reasserted its argument that the real problem at the WTO Appellate Body is that members stay on to finish cases that began before their terms expired.  IIEL’s recently released Issue Brief, a product of discussions between Georgetown faculty, students and stakeholders, provides a solution to the problem without taking sides in the debate over whether the Appellate Body’s current practice of appointing hold-overs is or is not permissible under the current rules.

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IIEL Releases Issue Brief on WTO Reform

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

IIEL Releases Issue Brief on WTO Reform

IIEL most recent issue brief, Chris Brummer comments
Source: Georgetown University Law Center

Members of the World Trade Organization (WTO) have been unable to agree on the appointment of new members to the seven-person Appellate Body (AB) in a timely fashion.  IIEL’s recently released Issue Brief, a product of discussions between Georgetown faculty, students and stakeholders, provides a solution to the problem without taking sides in the debate over whether the Appellate Body’s current practice of appointing hold-overs from earlier appointments is or is not permissible under the current rules. It proposes a single amendment to the DSU that represents a compromise—limiting the use of hold-overs while creating incentives for the timely replacement of ABMs whose terms of office are coming to an end. 

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EU to Refuse Trade Negotiations with Non-Parties to the Climate Accord

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

EU to Refuse Trade Negotiations with Non-Parties to the Climate Accord

Workers adjust European Commission logo, Chris Brummer comments on circumstance
Workers adjust and clean the logo of the European Commission at the entrance to its headquarters Reuters

The European Union will reportedly refuse to sign trade deals with countries that do not ratify the Paris climate change agreement and take steps to combat global warming, under a new Brussels policy.   With the United States the sole holdout, the stance could permanently derail TTIP negotiations already halted under the Trump administration.

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NAFTA’s Prospects For Survival Increase

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

NAFTA's Prospects For Survival Increase

Treasury Secretary Steven Mnuchin discusses NAFTA renegotiation, Chris Brummer comments
Photo of Treasury Secretary Steven Mnuchin by Andres Kudacki/Associated Press

According to various news sources, NAFTA appears set for renegotiation, not cancellation.  Senior officials from Treasury, the Agriculture Department and USTR have all signaled that the chances of termination have diminished.

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