News Snapshot:
“I’ve said it before and I’ll say it again so there is no confusion: Congress will not, under any circumstance, forfeit our constitutionally mandated oversight responsibility of all trade matters,” Rep. Adrian Smith (R-Neb.), chair of the House Ways and Means trade subcommittee, said in a statement Friday. “This is unacceptable and unconstitutional, and I intend to use every tool at my disposal to stop this blatant executive overreach.” According to a proposed rule the U.S. Treasury Department released Friday , the term “free trade agreement” as it applies to the Inflation Reduction Act includes deals in which the U.S....
