Obama signs trade bills

Obama signs trade bills
President Obama on Monday signed a fast-track trade authority bill into law, cementing a major legislative victory at the end of a bruising months-long battle within his own party. 

Obama signed the measure during a brief ceremony in the East Room of the White House, where he hailed the bipartisan cooperation that was needed to get the legislation through Congress after an intense lobbying campaign that pitted the president against congressional Democrats and created a rare alliance with Republicans. 

The president was surrounded by key lawmakers and members of his administration who kept this trade agenda alive through several procedural hiccups even though, he said, it had “been declared dead more than once.”
 
The trade promotion authority (TPA) legislation, also known as fast-track, is expected to speed the completion of Trans-Pacific Partnership (TPP) negotiations with 11 other Pacific Rim nations in the coming weeks. 
 
Obama also signed a measure into law that provides $450 million to retrain workers who lose their jobs because of expanded trade and extends trade preferences for another decade to sub-Saharan Africa.
 
The president said he believed that signing the legislation would be good for American workers and businesses and would give the United States a global competitive edge. 
 
“We’re going to turn global trade into a race to the top and reestablish our leadership role in the world,” he told the crowd that included business owners and other stakeholders. 
 
“Trade is one part of a broader agenda of middle-class economics,” he said. 
 
Behind him during the signing were U.S. Trade Representative Michael FromanMichael B.G. FromanOn The Money: Sanders unveils plan to wipe .6T in student debt | How Sanders plan plays in rivalry with Warren | Treasury watchdog to probe delay of Harriet Tubman bills | Trump says Fed 'blew it' on rate decision Democrats give Trump trade chief high marks US trade rep spent nearly M to furnish offices: report MORE, Treasury Secretary Jack LewJacob (Jack) Joseph LewApple just saved billion in tax — but can the tax system be saved? Lobbying World Russian sanctions will boomerang MORE, Reps. John Delaney (D-Md.), Pat Tiberi (R-Ohio), Dave ReichertDavid (Dave) George ReichertWashington Rep. Kim Schrier wins primary Mail ballot surge places Postal Service under spotlight Bottom Line MORE (R-Wash.), Ron KindRonald (Ron) James KindWisconsin Rep. Ron Kind wins primary Democrats exit briefing saying they fear elections under foreign threat Bottom line MORE (D-Wis.), Gerry ConnollyGerald (Gerry) Edward ConnollyJudge issues nationwide injunction against Postal Service changes House panel advances bill to ban Postal Service leaders from holding political positions Shakespeare Theatre Company goes virtual for 'Will on the Hill...or Won't They?' MORE (D-Va.), Don Beyer (D-Va.), Sen. Chris CoonsChristopher (Chris) Andrew CoonsThe Hill's Morning Report - Sponsored by JobsOhio - Trump's tax return bombshell Coons: 'Defies comprehension' why Trump continues push to 'strip away' protections for pre-existing conditions Two Judiciary Democrats say they will not meet with Trump's Supreme Court pick MORE (D-Del.), Agriculture Secretary Tom VilsackThomas James VilsackUSDA: Farm-to-school programs help schools serve healthier meals OVERNIGHT MONEY: House poised to pass debt-ceiling bill MORE and Commerce Secretary Penny PritzkerPenny Sue PritzkerThe Hill's Morning Report - Sanders steamrolls to South Carolina primary, Super Tuesday Biden's new campaign ad features Obama speech praising him Obama Commerce secretary backs Biden's 2020 bid MORE
 
Jeff Zients, the director of the United States National Economic Council and an architect of the White House’s full-court press in Congress, was in the audience. 
 
The president also thanked Republican leaders who helped deliver the trade victory — Speaker John BoehnerJohn Andrew BoehnerLongtime House parliamentarian to step down Five things we learned from this year's primaries Bad blood between Pelosi, Meadows complicates coronavirus talks MORE (Ohio), Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellTrump, GOP aim to complete reshaping of federal judiciary Supreme Court fight should drive Democrats and help Biden Harris on SCOTUS fight: Ginsburg's legacy 'at stake' MORE (Ky.) and House Ways and Means Committee Chairman Paul RyanPaul Davis RyanTrump, Biden have one debate goal: Don't lose RNC chair on election: We are on track to win the White House Kenosha will be a good bellwether in 2020 MORE (Wis.) — who couldn’t make the ceremony because they are out of town for the July 4 recess. 
 
Those leaders and the White House remained resilient during the legislative fight and were quick to find a way to breathe new life back into the trade agenda just when it seemed out of chances to pass. 
 
The TPP’s leaders are aiming to finish a deal this summer, meaning at the earliest Congress could vote sometime this fall on the massive agreement that covers 40 percent of the world’s gross domestic product. 
 
Locking in a deal sets up the next fight between Congress and the White House over whether the TPP meets the high standards set by lawmakers.