As the current Democratic presidential front-runner Hillary Clinton was entering the presidential race, her husband and former US President Bill Clinton received millions of dollars from special interest groups, including $325,000 from a group lobbying for the TPP (Trans-Pacific Partnership).
In October 2015, Hillary Clinton was pressured by her Democratic rival, Bernie Sanders, to openly oppose the controversial global deal to deregulate trade.
The Vermont Senator did not hesitate to condemn the deal early in his campaign, claiming that it favors the corporate elite at the expense of American jobs.
Meanwhile, the National Association of Manufacturers, from which Bill Clinton received a substantial fee just one month before his wife announced her campaign, backs the TPP.
According to the Center for Responsive Politics (CRP), the manufacturing business group affirmed its support for the hotly-debated deal three months before turning to Bill Clinton. The CRP called the proposed deal “a significant improvement over the status quo” for corporations.
Another $300,000 was donated to candidate Clinton from technology firm Oracle, when the former Secretary of State’s Democratic primary was in full swing. Disclosure forms reveal that Oracle supports ratification of the TPP.
Previously Hillary Clinton indicated that she would support the global deregulation deal, calling it the “gold standard” of free trade.