Brady wants Congress to pass TPP 'sooner' if issues can be resolved

Brady wants Congress to pass TPP 'sooner' if issues can be resolved
© Cameron Lancaster

Rep. Kevin BradyKevin Patrick BradyLawmakers join Nats Park fundraiser for DC kids charity On The Money: Fed chief hints strongly at rate cut | Powell lays out 'serious concerns' over Facebook crypto project | Trump official to investigate French tech tax | Acosta defends Epstein deal Trump administration launches investigation into French plan for tax on tech giants MORE (R-Texas) said he would like Congress to consider an expansive Pacific Rim trade deal if lingering issues can be resolved.

The chairman of the powerful House Ways and Means Committee said there are several problems with the Trans-Pacific Partnership (TPP) that the White House must settle to get the agreement through Capitol Hill before President Obama leaves office.

ADVERTISEMENT

"If the White House can solve the problems, and there's about four or five key ones left — if they can solve those problems and build support, I'd like to see this move sooner rather than later," Brady said Tuesday on CNBC.com’s "Speakeasy with John Harwood."

"But the substance and the support's going to drive it. That will drive the timing," Brady said. 

Congressional Republican leaders have said the TPP probably won't get a vote until after the November elections.

Brady said the TPP is going through a normal process where resolutions are sought through discussions and actions by other countries, saying, "This is how we intend to implement this."

The TPP agreement is important because there are a growing number of customers in the Asia-Pacific region and a need to implement U.S. trade rules that will raise standards.