Baucus Calls For Fast-Track Trade Authority By June

Law360, New York (April 24, 2013, 1:26 PM EDT) -- The top two members of the Senate Finance Committee on Wednesday again pushed for quick renewal of so-called fast-track authority to help seal a planned Asia-Pacific free trade pact, with Chairman Max Baucus, D-Mont., asking for legislative action by June.

Baucus, along with ranking member Orrin Hatch, R-Utah, have repeatedly pressed the White House in recent months to seek out fast tracking, formally known as Trade Promotion Authority, which gives the executive branch the power to negotiate trade deals that Congress can only approve or disapprove but can't amend.

The two senators and others believe the authority is crucial to complete...

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