• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Leadership

Hillary Clinton finally weighs in on trade, complicating Obama’s push

By
Tory Newmyer
Tory Newmyer
Down Arrow Button Icon
By
Tory Newmyer
Tory Newmyer
Down Arrow Button Icon
June 15, 2015, 3:07 PM ET
Photograph by Scott Olson—Getty Images
Add Fortune on Google for similar content.

Surveying the smoldering wreckage of President Obama’s trade agenda on Friday afternoon, House Republican leaders said the burden would be on the White House to somehow resurrect it in time for a re-vote in the chamber early this week.

Three days later, it doesn’t appear that pro-trade forces are any closer to forging a path forward. In fact, prospects are only dimmer for finding Democratic converts to hand President Obama fast-track negotiating authority, after Hillary Clinton broke her long silence on the issue Sunday by appearing to cast her lot with trade skeptics.

The position that Clinton articulated — at a rally in Des Moines and then, later, at a house party in Burlington, Iowa — was nuanced and indirect, but it amounted to a criticism of the president she once served and an endorsement of the House Democrats, namely Minority Leader Nancy Pelosi (D-Calif.), who sunk his initiative with their Friday mutiny.

The front-running Democratic presidential contender said she’d so far hugged the sidelines of the debate, amid intensifying criticism from some in the party that she was dodging a defining issue, because she wanted to let it play out in Congress. “But now I think the president and his team could have the chance to drive a harder bargain,” she said.

For the most part, Clinton addressed her criticism to the Trans Pacific Partnership, the 12-nation mega-deal that the White House is seeking a freer hand to hammer out with its foreign counterparties. What imploded on Friday was a procedural measure that would have strengthened Obama’s ability to do so by guaranteeing that the finished product gets a simple up-or-down vote in Congress, rather than being ripped open and redrawn by legislators. House Democrats tanked it by voting down a separate-but-linked package extending assistance to workers displaced by imports — typically a Democratic priority that anti-trade liberals effectively took hostage to freeze the debate in its tracks.

Clinton ignored the procedure in question, officially known as trade promotion authority, in her Sunday comments. But throughout the day, she repeatedly invoked Pelosi, a traditionally stout Obama ally whose last-minute defection before the Friday vote stunned the White House and sealed the package’s fate. “The president should listen to and work with his allies in Congress, starting with Nancy Pelosi, who have expressed their concerns about the impact that a weak agreement would have on our workers to make sure we get the best strongest deal possible,” Clinton told a crowd at the Iowa State Fairgrounds in Des Moines. And later, at the house party, she expanded on the thought: ““My view is the White House should call Nancy and a few other of the Democrats to say, ‘What would it take to get an agreement that would be better and not worse for American workers?’”

If Pelosi’s desertion helped crater support within her own ranks in the Capitol, Clinton following suit will reinforce with a much wider audience that Obama stands alone in his party in pushing for a pact he views as the cornerstone of his second-term agenda both at home and abroad.

Sources close to the corporate lobby promoting the deal on Monday said there was no meaningful progress made over the weekend toward reviving it and next steps remained murky.

About the Author
By Tory Newmyer
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

erik
AIJobs
‘It’s not going away’: The Stanford economist who called the AI entry-level jobs crisis early has the receipts
By Nick LichtenbergJune 27, 2026
2 hours ago
Robert Shiller, professor of economics at Yale University
AIEconomics
Nobel laureate economist warns AI jobs apocalypse fears could become a self-fulfilling prophesy
By Eva RoytburgJune 27, 2026
4 hours ago
dr
Commentarydisruption
The uncertainty paradox: believe it or not, today’s massive uncertainty creates the best conditions for disruptive growth
By James G. Naples, Wendy K. Smith and Scott D. AnthonyJune 27, 2026
4 hours ago
One in 10 Gen Zers want their boss to be replaced by AI—they’re already being polite to ChatGPT just in case
SuccessGen Z
One in 10 Gen Zers want their boss to be replaced by AI—they’re already being polite to ChatGPT just in case
By Orianna Rosa RoyleJune 27, 2026
5 hours ago
Photo of Elon Musk
C-SuiteElon Musk
‘Don’t look at the résumé’: Elon Musk admits he’s ‘fallen prey’ to flashy credentials and says conversation matters most when hiring
By Jacqueline MunisJune 27, 2026
5 hours ago
young workers talking at their desks
SuccessGen Z
Stop blaming Gen Z for resisting RTO: 71% say they want a hybrid balance—and now they’re quietly leading the office comeback
By Sydney LakeJune 27, 2026
5 hours ago

Most Popular

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
2 days ago
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
3 days ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
5 hours ago
Current price of oil as of June 26, 2026
Personal Finance
Current price of oil as of June 26, 2026
By Joseph HostetlerJune 26, 2026
1 day ago
Ray Dalio says the U.S. just had its 'Suez moment'—and history says what comes next could end an empire
Economy
Ray Dalio says the U.S. just had its 'Suez moment'—and history says what comes next could end an empire
By Nick LichtenbergJune 26, 2026
1 day ago
The bond market knows something about the $39 trillion national debt that Washington doesn’t
Economy
The bond market knows something about the $39 trillion national debt that Washington doesn’t
By Eva RoytburgJune 25, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.