Speaker Nancy Pelosi’s decision to rewrite House rules to gut the up or down vote requirement at the core of the U.S. fast track trade policy is a truly historic blow to free trade. For today’s Free Trade Fact of the Day we look at Reuters reporting on the unprecedented and harmful nature of Pelosi’s move: Both Democratic and Republican presidents have relied on fast track since 1974 to win approval of trade pacts. The procedure gives U.S. trading partners some assurance that Congress, which has constitutional jurisdiction over trade, …
