Subject: Daily Message Points -- May 11, 2016
From: "Cunnane, Pat EOP/WHO" <[email-masked]>
To: "Cunnane, Pat EOP/WHO" <[email-masked]>
Date: Wed, 11 May 2016 20:16:25 +0000

Daily Message Points

May 11, 2016

Defend Trade Secrets Act of 2016

*         Today, the President signed the Defend Trade Secrets Act of 2016 into law in the Oval Office.

*         This bipartisan bill will help protect companies' trade secrets by giving businesses the ability to go directly to federal court when their trade secrets are stolen. It's a win for American innovation, jobs, and creativity.

*         That's why it was passed by an overwhelming majority in Congress.

*         But the President called on Congress to do more to make sure American ideas are protected and our companies are competitive:

*         The TPP would be the first trade agreement to require criminal penalties for those who steal our companies' trade secrets.  It would extend these protections across the Asia-Pacific, encompassing a region covering nearly 40 percent of the global economy.
###