Bill Would Give Obama 'Fast Track' Powers, With Oversight

Law360, New York (January 9, 2014, 6:18 PM EST) -- A group of congressional lawmakers introduced a bill Thursday that would renew the president's authority to fast-track trade deals and constrain Congress' power to amend them, as the U.S. negotiates major free-trade agreements with Pacific Rim countries and the European Union.

While the proposed law would restore trade promotion authority, allowing the President Barack Obama to negotiate trade deals and limiting legislators to an up-or-down vote on the pacts without amendments, it also attempted to expand congressional oversight of trade negotiations by imposing new consultation and...
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