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TPA moves one step closer in Senate
Trade Promotion Authority cleared what looks like the final hurdle before a full vote in the Senate. The legislation was advanced on a 62-38 cloture vote with 13 Democrats joining 49 Republicans in support.
The measure was held-up until Majority Leader Mitch McConnell agreed to bring legislation to renew the charter for the Import-Export bank to the floor before the charter expires on June 30th.
TPA is now expected to pass the Senate but its fate in the House is less certain.
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