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Orrin Hatch

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  • 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...

  • Obama's trade agenda draws Republican support in House Thursday, 23 Apr 2015 | 12:21 AM ET

    WASHINGTON— House Republicans pushed White House- backed trade legislation toward committee approval on Thursday despite strong objections by Democrats demanding stronger labor and environmental standards as well as a ban on currency manipulation by Asian nations. With the GOP in the majority, there was no doubt the measure would clear the Ways and Means...

  • WASHINGTON— Emotional disagreements over trade erupted in Congress on Wednesday, when a liberal senator delayed a committee's likely endorsement of a top trade priority for President Barack Obama. Bernie Sanders, I-Vt., a fierce opponent of the trade legislation, invoked a Senate scheduling rule to delay the committee's actions for hours.

  • 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— President Barack Obama on Friday defended his pursuit of a sweeping trade pact as good for American workers in a global economy, dismissing fierce opposition from his own party as a "ratification of the status quo." Sander Levin, the senior Democrat of House Ways and Means Committee, declared he was "out to defeat" the legislation because, he said, it would...

  • 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...

  • UPDATE 4-U.S. lawmakers present fast-track trade bill Thursday, 16 Apr 2015 | 2:54 PM ET

    WASHINGTON, April 16- U.S. lawmakers on Thursday introduced a bipartisan bill to move trade deals quickly through Congress, opening the door to sealing a major Pacific trade pact. The bill sets new objectives for U.S. trade negotiators, including directing trading partners to avoid manipulating their currencies, in exchange for a yes-or-no vote in Congress.

  • Top US lawmakers strike deal to fast-track trade deals Thursday, 16 Apr 2015 | 2:41 PM ET

    WASHINGTON— Top congressional lawmakers struck a long-sought, bipartisan agreement Thursday for the broadest trade policy pact in years, allowing President Barack Obama to negotiate trade accords for Congress' review and move forward with talks on a sweeping partnership with Pacific nations. Obama quickly said he will sign the bill if Congress passes it.

  • WASHINGTON, April 16- U.S. senators said on Thursday they could present a bipartisan bill to move trade deals quickly through Congress as soon as later in the day after reaching agreement on aid for workers hurt by trade. At the start of a committee hearing on trade, Republican Senate Finance Committee Chairman Orrin Hatch and the panel's top Democrat, Ron Wyden,...

  • WASHINGTON, April 16- U.S. senators struck a bipartisan deal to allow a bill to fast track trade deals through Congress to move in parallel with aid for workers hurt by trade, opening the door to introducing the bill as soon as Wednesday, they said. U.S. Senate Finance Committee Chairman Orrin Hatch said a deal with the panel's top Democrat, Ron Wyden, was close.

  • WASHINGTON, April 15- U.S. lawmakers are close to finalizing details of a bill to speed trade deals through Congress, a move that would seal a sweeping Pacific trade pact that has been more than five years in the making and is a key part of the Obama administration's pivot to Asia. Fast track enables Congress to set negotiating priorities for the administration in...

  • WASHINGTON, April 15- U.S. Senate Finance Committee Chairman Orrin Hatch said on Wednesday he hopes to reach an agreement by the end of the day on a bipartisan bill to speed trade deals through Congress. Japanese Prime Minister Shinzo Abe is due to address a joint meeting of Congress on April 29 and having fast-track in train by then would be a positive sign for the...

  • WASHINGTON, April 13- Controversial legislation giving President Barack Obama authority to negotiate free-trade deals with other countries under special rules could begin moving through the U.S. Congress in coming weeks, Republican Senator Orrin Hatch said on Monday. Hatch, who chairs the Senate Finance Committee that oversees trade, told reporters he was...

  • Trade Representative Wendy Cutler said on Monday that "significant gaps" in the trade negotiations remain between the United States and Japan regarding access for U.S. automobiles in the Japanese market. There is an array of non-tariff barriers in Japan that have effectively closed the Japanese auto market to U.S. producers, "Cutler said in prepared remarks on...

  • March 24- Delays in finalizing U.S. legislation to speed free trade deals through Congress are casting a cloud over a 12- nation trade pact many thought was near completion, officials close to the negotiations said. In conversations with Reuters, officials from six countries in the Trans-Pacific Partnership said the lack of clarity over the conditions...

  • WASHINGTON, March 23- Bipartisan legislation to streamline the passage of trade deals through the U.S. Congress will probably not be done until next month, the Republican chairman of the Senate Finance Committee said on Monday. Congress goes on a two-week recess at the end of the week. New Zealand Trade Minister Tim Groser, who visited Washington last week, said...

  • WASHINGTON, March 23- Bipartisan legislation to streamline the passage of trade deals through the U.S. Congress will probably not be done until next month, the Republican chairman of the Senate Finance Committee said on Monday. Talks on the bill, which would restrict Congress to a yes-or-no vote on trade deals in exchange for setting negotiating objectives,...