Trade Promotion Bill Introduced
Legislation providing for fast-track congressional consideration of trade agreements was introduced Jan. 9 in the Senate by Senate Finance Committee Chairman Max Baucus (D-Mont.) and ranking member Orrin Hatch (R-Utah) and in the House by Ways and Means Chairman Dave Camp (R-Mich.). Besides specific timelines for up-or-down votes on implementing legislation for trade pacts, the “Bipartisan Congressional Trade Priorities Act of 2014” would direct the administration to pursue specific negotiating objectives and expand the role of Congress in the negotiations. The bill would have a four-year duration, with a three-year renewal option. Link to a copy of the bill. Link to a two-page summary of the bill.