In a speech on the Senate floor , Finance Committee Chairman Orrin Hatch (R-Utah) welcomed floor action on Finance Committee-passed trade legislation - the Trade Preferences Extension Act of 2015, also known as the preferences bill, and the Trade Facilitation and Trade Enforcement Act of 2015, known as the customs bill.
“Both of these bills have been in the works for some time. They were among the four trade bills we reported out of the Senate Finance Committee last month. As a principal co-author of both of bills, I am very glad that we’ve found a way to get them to this point,” Hatch said.
Hatch expressed concern for a currency amendment attached to the customs bill, but reiterated his support for passing the bill through the Senate:
“Despite the reservations I have about the flawed currency manipulation concepts and language and the unfunded mandate on employers, I believe it’s important that we vote to move the customs bill forward,”Hatch continued. “Overall, this is a good bill. A lot of work has gone into it and I know that it reflects the priorities of a number of our members here in the Senate, including myself. That being the case, I plan to vote in favor of passing this legislation later on today and I urge my colleagues to do the same.” Read more. Source | The United States Senate Commitee on Finance