A Week of Trade: Congress Advances Numerous Trade Bills

Katten Muchin Rosenman LLP
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This past week saw more congressional activity on trade legislation than has been seen in some time. Both houses of US Congress marked up and advanced badly needed and long-overdue legislation in a number of areas relevant to the trade community. Among the bills that were marked up or passed by US House of Representatives and Senate committees are the following:

- The Bipartisan Congressional Trade Priorities and Accountability Act of 2015, which provides for the renewal of Trade Promotion Authority (TPA)—otherwise known as the “fast track” process to implement multilateral trade agreements. (S. 995 and H.R. 1890).

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