Economy
May 28, 2015
TPA Moves Back to House for Debate
Written by Sandy Williams
The U.S. Senate passed the Trade Promotion Authority (TPA) agreement on May 22 in a 62-37 vote, giving the president “fast track” authority to negotiate trade agreements without amendments attached by Congress. Trade agreements would still be submitted to Congress, however, for a yes or no vote.
An amendment proposed by Sen. Rob Portman (R-Ohio) calling for tougher enforcement of currency manipulation was rejected by the Senate for inclusion in the final bill.
