U.S. Senate Approves Fast-track Trade Authority For Obama

Posted: May 22, 2015 in Politics

Washington (AFP) – The US Senate overcame bitter divisions on trade policy and passed legislation that gives President Barack Obama authority to swiftly conclude a landmark Pacific Rim trade accord.

The measure now heads to the House of Representatives where its fate is uncertain.

But while Senate passage is a dramatic victory for Obama, the bill clearly faces a fierce debate in the lower chamber, where lawmakers signalled there is intense opposition from within Obama’s own Democratic Party.

Passage of the so-called trade promotion authority bill allows the administration to finalize negotiations with 11 other Asian and Pacific nations and bring the trade deal to Congress for an up-or-down vote, with lawmakers not permitted to make changes.

Full Story @ [Yahoo News]

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Comments
  1. I also noted that Malaysia is out of TPP, owing an anti-slavery provision Sen Menendez inserted in the Senate bill: http://www.huffingtonpost.com/2015/05/22/senate-passes-fast-track_n_7425614.html

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