The China currency bill I wrote about this AM got over the first procedural hurdle in the Senate this afternoon, getting cloture by 79 to 19. (Cloture limits debate, precludes a filibuster, and ensures a vote later this week.) My contacts tell my the measure is likely to pass the Senate.
The House and the administration will be tougher lifts, as this article point out. Still, the bill’s got some mo, and who knows? It’s a vote for free trade (currency values should be set in international markets, not by countries managing their values) and for American manufacturing exports. Not quite apple pie, but pretty close.