U.S. Chamber of Commerce Thomas Donohue tells Bloomberg Television there’s 75% chance Congress passes the Trans-Pacific Partnership trade deal before President Obama leaves office early next year.
- Predicts vote on TPP after Nov. elections, during “lame duck” session before new Congress and president take over in Jan. 2017
- On Democratic presidential candidate Hillary Clinton’s opposition to TPP, Donohue says the former secretary of state is trying to stay “one step” ahead of Democratic Sen. Elizabeth Warren, who is pushing Clinton to take far “left” positions
- If elected, Clinton probably would be more “practical” on the matter: Donohue
- NOTE: Obama administration is “building momentum” for Congress to give final approval of Trans-Pacific Partnership, White House senior adviser Valerie Jarrett told Bloomberg last week; administration is “heartened” by support from business community and not prepared to “give up” on final approval this year