Congressional Trade Authority Act of 2023

Hozzl · 2024-12-20T09:05:53Z

Explore the details of House Bill 5188 Congressional Trade Authority Act of 2023 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Foreign Trade and International Finance. Stay informed on legislative developments.

12/20/2024, 9:05 AM

Summary of Bill HR 5188

The Congressional Trade Authority Act of 2023, also known as Bill 118 hr 5188, is a piece of legislation currently being considered by the US Congress. This bill aims to strengthen the role of Congress in overseeing and approving international trade agreements.

Under this bill, Congress would have more authority in the negotiation and approval of trade agreements, ensuring that the interests of the American people are represented. The bill would require the President to consult with Congress throughout the negotiation process and provide regular updates on the status of trade agreements.

Additionally, the Congressional Trade Authority Act of 2023 would establish a process for Congress to review and approve trade agreements before they are implemented. This would give lawmakers the opportunity to carefully consider the potential impact of trade agreements on the economy, jobs, and national security. Overall, this bill seeks to enhance transparency and accountability in the trade negotiation process, ensuring that Congress has a more active role in shaping US trade policy. It is currently being debated in Congress, with supporters arguing that it will help protect American workers and businesses, while opponents raise concerns about potential delays in trade negotiations.

Current Status of Bill HR 5188

Bill HR 5188 is currently in the status of Bill Introduced since August 11, 2023. Bill HR 5188 was introduced during Congress 118 and was introduced to the House on August 11, 2023. Bill HR 5188's most recent activity was Referred to the Subcommittee on Trade. as of December 17, 2024

Bipartisan Support of Bill HR 5188

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 5188

Primary Policy Focus

Foreign Trade and International Finance

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Comments

Sponsors and Cosponsors of HR 5188

Mike Gallagher

Wisconsin(Republican)

Latest Bills

Congressional Trade Authority Act of 2023

Summary of Bill HR 5188

Current Status of Bill HR 5188

Bipartisan Support of Bill HR 5188

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 5188

Primary Policy Focus

Comments

Sponsors and Cosponsors of HR 5188

Mike Gallagher

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