‘fast track’ authority News

Congress Could Get Pacific Trade Pact by Year-End

U.S. Trade Representative Michael Froman said he hopes to wrap up a trade deal with 11 other Pacific Rim nations soon and send it to the U.S. Congress for approval before the end of the year. Lawmakers last week granted …

Battle Over Fast-Track Trade Authority Resumes This Week in House

A raging battle over President Barack Obama’s request for “fast-track” authority central to improving U.S. ties with Asia resumes in the House of Representatives this week when lawmakers are expected to try to reverse Friday’s defeat of linchpin trade legislation. …

Obama Denies Sen. Warren’s Claim Trade Pact Could Undo Dodd-Frank

President Barack Obama dismissed a liberal senator’s warning that “fast-track” trade authorization being considered by Congress could weaken U.S. financial regulations he helped put in place after the 2007-2008 crisis that triggered the Great Recession. Senator Elizabeth Warren, long a …

Pacific Trade Partners Working on Final Stages for Agreement: U.S. Official

Pacific Rim trading partners are working to resolve the last thorny issues in sealing an ambitious free trade pact and are likely to have further high-level talks next month, a senior U.S. trade official said on Wednesday. Acting Deputy U.S. …

Bill Giving White House ‘Fast Track’ Trade Pact Authority Filed But Passage Uncertain

U.S. lawmakers on Thursday proposed a bill to give the White House power to fast-track international trade agreements as the United States gears up for a hectic year of trade negotiations. The bill would let the administration put trade deals …

White House Says Will Seek ‘Fast-Track’ Trade Authority

The White House on Friday said it would work for approval of politically contentious legislation that would ease the way for new trade deals, as it tries to wrap up talks on an Asia-Pacific free-trade agreement this year. But the …