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Obama a Step Closer to Getting Trade Promotion Authority as TPP Negotiations Resume

Posted April 24, 2015

(Kyodo News)

A U.S. House of Representatives committee passed a bipartisan bill on Thursday that is being billed as a step toward concluding the proposed Trans-Pacific Partnership free trade agreement.

The move came a day after a Senate panel approved the bill. Attention will now focus on whether both chambers can pass the bill soon, amid resistance by lawmakers critical of the 12-country TPP, fearing it would result in job losses.

Lawmakers who oppose the bill include influential members of President Barack Obama’s Democratic Party, such as Nancy Pelosi, a former House of Representatives speaker.

The lower house’s Committee on Ways and Means handling trade issues passed the bill for trade promotion authority on Wednesday. It would grant Obama authority to sign the TPP and other trade deals with only an up-or-down vote from Congress. Click here to read more.

Related: There May Have Been a Poison Pill in the Fast-Track Trade Bill (Washington Post)