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The organization has called on the administration to extend trade privileges to Myanmar.
A proposal to extend trade controls to red and pink corals was also voted down.
Mr. Obama was ready to move months ago, as long as Republicans agreed to extend trade adjustment benefits for jobless workers.
The White House also suggested that it might not extend trade preferences now afforded to Costa Rican products and set to expire next September.
The narrow House vote last month to extend trade promotion authority to the president may be a hollow victory for proponents of free trade.
By law, Mr. Bush had to decide by Wednesday whether to notify Congress of his intention to extend trade benefits for another year.
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Whether the Democratic Congress will extend trade-promotion authority is less clear.
He stressed the importance of concluding the Doha round of global trade talks and explicitly asked Congress to extend trade-promotion authority (TPA), the negotiating mandate that presidents must have to conclude trade deals, which expires on June 30th.
Competition might be a better bet than monopoly though efforts to extend trading in NYSE shares after normal trading hours have produced poor prices, as Mr Grasso points out.
The new combine is likely to have a dual listing.See article: A European banking mergerThe New York Stock Exchange said that it is likely to accelerate plans to extend trading hours.
A plan to extend trading hours on 18 Sundays in Belfast has been heavily defeated in a vote at the city council.
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