On May 19, 2011, 162 members of the House of Representatives sent a letter to the President calling for a five-year reauthorization of the expanded Trade Adjustment Assistance (TAA) program1, which expired on February 12, 2011. The letter was signed by all 15 Ways and Means Committee Democrats, the Chairman of the House Trade Working Group, and others.
On May 18, 2011, the following trade-related bill was introduced:
On May 18, 2011, the following bills, resolutions, etc. were reported in the Senate:
The following hearings, markups, or meetings are scheduled for May 19, 2011:
At a May 17, 2011 Senate hearing1 on oversight and the reauthorization of the Export-Import (Ex-Im) Bank, Committee Chairman Johnson (D) stated that while he believes the Ex-Im Bank is doing a good job, it must do more, especially if the President’s goal of doubling exports by 2015 is going to be met. Johnson also stated that he plans to work with Ranking Member Shelby (R) and other members of the Committee to reauthorize the Ex-Im Bank. (The Ex-Im Bank’s authorization expires on September 30, 2011.)
On May 13, 2011, House Foreign Affairs Committee Chairman Ros-Lehtinen (R)1 introduced H.R. 1905, the Iran Threat Reduction Act. According to her press release, this measure would close loopholes in current U.S. sanctions legislation regarding Iran, mandate enforcement, eliminate certain sanctions waivers, etc.
The following hearings, markups, or meetings are scheduled for May 18, 2011:
On May 25, 2011, the Senate Finance Committee will hold a hearing on the pending free trade agreement (FTA) between the U.S. and Panama. The hearing will consider the benefits of the U.S.-Panama FTA and the positive effects duty-free access to the Panamanian market will have on U.S. exporters and job creation.
On May 17, 2011, the Senate Committee on Foreign Relations ordered favorably reported the following business items:
On May 17, 2011, Senators Crapo (R) and Cornyn (R) were reappointed to the President's Export Council, pursuant to Executive Order 12131, renewed by Executive Order 13446.