Treasury Secretary Steven Mnuchin has been telling colleagues that House Speaker Nancy Pelosi has privately assured him she would allow a vote on the United States–Mexico–Canada Agreement (USMCA) by October, according to 3 administration officials familiar with the internal conversations. Pelosi's office unequivocally denies that she gave Mnuchin any assurances on timing for a USMCA vote.
Why it matters: The USMCA — the trade deal that President Trump renegotiated to replace NAFTA — is the Trump administration's top legislative priority. Trump has signed the deal, but the law requires Congress to approve the trade deal on a yes or no vote. Pelosi leads the House and controls what legislation is voted on, meaning she has the power to kill the USMCA.