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Obama Trade Bill Passes House as Senate Now Controls Fate

Bloomberg business news

House Passes Fast-Track Trade Bill in Second Attempt

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The U.S. House passed President Barack Obama’s fast-track trade bill, one of the president’s top second-term priorities, with mostly Republican votes a week after a Democratic rebellion almost killed the proposal.

The 218-208 House vote Thursday returns the measure to the Senate, which also voted for it last month. Obama wants the expedited trade negotiating authority to help his administration complete a 12-nation Trans-Pacific Partnership.