Major Business Group Pushes for TPA Renewal
The US Chamber of Commerce will do all it can to make the case for congressional approval of Trade Promotion Authority (TPA), Chamber President and Chief Executive Officer Thomas Donohue said Jan. 8 at the Chamber's annual State of American Business event. TPA establishes negotiating objectives for trade pacts, requires the executive branch to consult with Congress, and provides for expedited consideration of legislation implementing trade deals, including provisions for a straight up-or-down vote with no amendments. It has been a controversial measure among House Democrats. “Bipartisan legislation has been written and will be introduced very soon. We're going to do all we can to make the case for its approval,” Donohue said. The last grant of TPA was contained in the 2002 Trade Act. The authority expired in 2007.