Blumenauer remains optimistic a competition bill compromise can be struck soon
House Ways & Means trade subcommittee Chair Earl Blumenauer (D-OR) this week said he remained optimistic that congressional conferees reconciling the House's America COMPETES Act with the Senate's U.S. Innovation and Competition Act would be able to complete a final bill by July 4. The top Republican on Ways & Means, however, said he was unsure that goal – set out last month by House Speaker Nancy Pelosi (D-CA) – could be met. Bloomberg reported on Thursday that some Democrats...