Wyden as Finance Leader to Seek Slower Approach on Trade

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Ron Wyden, poised to become the top Senate Democrat on trade and tax policy, said he wants to talk with fellow senators before considering a plan to speed trade deals, marking a delay for a priority of President Barack Obama.

Wyden, an Oregon Democrat, spoke to reporters today in the Capitol after the Senate voted to confirm Senator Max Baucus as ambassador to China. Baucus’s departure means Wyden will become chairman of the Senate Finance panel as soon as next week.