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Orrin Hatch

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  • *House of Representatives watching Senate outcome. WASHINGTON, May 20- President Barack Obama's keynote Asian trade push risks failing in a Senate vote on Thursday, a result that would threaten the administration's diplomatic pivot to Asia to counter China's rising economic and political clout in the region. A vote to advance debate requires 60 votes in the...

  • Compromise floated on currency rules in U.S. Senate Wednesday, 20 May 2015 | 1:07 PM ET

    WASHINGTON, May 20- Senior U.S. senators on Wednesday urged colleagues to support a compromise on boosting rules against currency manipulation in trade legislation key to a Pacific trade pact. Republican Orrin Hatch and Democrat Ron Wyden, the senior members of the Senate Committee on Finance, offered a joint amendment to legislation creating a fast track for...

  • TOKYO, May 19- Japanese Economy Minister Akira Amari said on Tuesday it is becoming "extremely difficult" to hold ministerial talks on a Pacific trade pact unless a fast-track bill is passed in the United States. Approval of the Trade Promotion Authority bill in the U.S. Senate and the House of Representatives would give momentum to negotiations on the 12- nation...

  • WASHINGTON, May 18- U.S. Senate Finance Committee Chairman Orrin Hatch said on Monday he is prepared to stay as long as necessary to pass legislation key to a Pacific trade pact before lawmakers go on a break at the end of this week. Hatch, a Republican, said there is no reason for debate to drag on, despite potentially dozens of amendments to legislation to streamline...

  • WASHINGTON— The Senate rejected a liberal-led move Monday to increase aid for workers who lose their jobs to imports, pushing for passage by week's end of major trade legislation sought by President Barack Obama. In remarks on the Senate floor, Majority Leader Mitch McConnell said the trade legislation and two other bills— one to renew the Patriot Act, the other...

  • House GOP plans 2-month extension of highway funds Friday, 15 May 2015 | 4:22 PM ET

    Republicans from both chambers said they expected Congress to approve the legislation next week. White House spokesman Eric Schultz charged that it would be a "dereliction of responsibility" for lawmakers to return to their districts without approving the legislation. As a result, Congress has approved a series of short-term extensions— most recently, one...

  • WASHINGTON, May 14- President Barack Obama's trade agenda, which focuses squarely on developing stronger ties with Asia, gets a shot at new life on Thursday when the U.S. Senate is set to hold an important test vote on legislation to help him complete a Pacific Rim deal. Just two days earlier, Obama's own Democrats defied him and blocked consideration of the "...

  • Senate agrees to open debate on Obama's trade agenda Wednesday, 13 May 2015 | 2:25 PM ET

    The breakthrough doesn't assure Obama of receiving "fast track" negotiating authority, which would let him send to Congress trade proposals it can kill or ratify, but not amend. That's still subject to weeks or months of Senate and House debates, amendments and votes. But the breakthrough gave the White House a welcomed respite from the negative headlines...

  • US Senate agrees to open debate on Obama's trade agenda Wednesday, 13 May 2015 | 1:38 AM ET

    WASHINGTON— Senators of both parties worked Wednesday to revive trade legislation that's a top priority for President Barack Obama, a day after Obama's fellow Democrats repudiated him nearly unanimously on the issue. Despite intense lobbying by Obama, every Democratic senator except one, Delaware's Tom Carper, voted on Tuesday against moving forward on the...

  • *White House calls setback "snafu," vows to continue battle. Failure to clinch a U.S.-led TPP agreement could also damage Washington's leadership image in Asia, where China is forging ahead with a new Beijing-led Asian Infrastructure Investment Bank without the participation of the United States and Japan. The Senate voted 52-45- short of the 60 votes needed- to...

  • WASHINGTON, May 12- Republican U.S. Senator Orrin Hatch said on Tuesday the Senate could take one or two days to put together a new plan to move forward with fast-track trade promotion authority that would clear the way for a sweeping Pacific trade pact. I think one or two days, "said Hatch, chairman of the Senate Finance Committee.

  • *White House calls setback "snafu," vows to continue battle. "What we just saw here is pretty shocking," said Senate Majority Leader Mitch McConnell, a Republican, after the Senate voted 52-45- short of the 60 votes needed- against paving the way for debate on "fast-track" trade authority for Obama. The vote marked a victory for Senate Democratic leader Harry Reid, an...

  • Senate Democrats block action on Obama's trade agenda Tuesday, 12 May 2015 | 1:21 AM ET

    The president's supporters said they will try again, and Obama summoned key Democrats to the White House to discuss possible strategies. What was clear, however, was that Obama suffered a rebuke from his own party, led by some who served with him in the Senate. Proponents needed 60 votes to thwart a Democratic filibuster, but managed only 52 in the 100- member Senate.

  • Orrin Hatch, the Utah Republican who heads the Senate Finance Committee, said he wanted the "fast-track" trade legislation to pass the full Senate in its original form. Hatch also aimed to strip out an amendment passed by the Senate panel which would disqualify trade deals with countries deemed soft on human trafficking from the special procedures designed to...

  • WASHINGTON, April 22- Legislation to give the White House "fast track" authority to nail down a Pacific trade pact cleared its first hurdle in the U.S. Congress on Wednesday as a committee backed the bill and sent it to the full Senate for consideration. Approved by the Senate Finance Committee on a 20 to 6 vote, the legislation would prohibit Congress from amending...

  • Senators plan to push for tough rules to stop trading partners deliberately weakening their currencies when amendments are considered on Wednesday to a bill to streamline the passage of trade deals through Congress. Treasury Secretary Jack Lew said the administration had consulted with Trans-Pacific Partnership members and such rules had no support...

  • During a Senate Committee on Finance hearing on legislation to streamline the passage of trade deals through Congress, several Democratic senators raised concerns about trading partners devaluing currencies to make their exports cheaper. Trade promotion authority allows Congress to set negotiating objectives for trade deals such as the...

  • WASHINGTON, April 20- If the U.S. Supreme Court blows up the tax subsidies at the heart of Obamacare in June, Republicans hope to deliver on their promise to offer an alternative healthcare plan. Two front-running Republican options at an early stage in Congress include a refundable tax credit that experts say is virtually the same thing as the Obamacare tax...

  • WASHINGTON, April 16- Senior U.S. lawmakers reached agreement on Thursday on the wording of a bill aimed at giving the White House "fast track" authority to negotiate a Pacific trade pact that is central to President Barack Obama's strategic shift toward Asia. The Obama administration announced in late 2009 that it was entering TPP negotiations with Australia,...

  • WASHINGTON, April 16- Senior U.S. lawmakers reached agreement on Thursday on a bill to give the White House "fast track" authority to negotiate a trade pact with 11 other Pacific nations that is central to President Barack Obama's strategic shift toward Asia. The White House has faced pressure to make progress on the bill ahead of a meeting between Obama and...