Senator Charles Grassley’s calling for quick Senate action on legislation that would give the President more authority in trade negotiations. Early Saturday morning, the U-S House gave its final approval to a bill that provides “trade promotion authority” to the President, what used to be called “fast track” negotiating authority. Grassley says trade promotion authority is one of the key’s to the U-S economic recovery. The Senate’s Democrat Leader, though, may delay a Senate vote for a month. Grassley says the vote should happen this week.Grassley says once passed, trade promotion authority will help instill “immediate confidence” in U-S financial markets.
