Export-Import Bank Reauthorization Passes House
A 10-year extension of the Export-Import Bank passed the House of Representatives by a 235-184 vote on Nov. 15, with 13 Republicans voting yes and 4 Democrats voting no. The bill, which would increase lending capacity to $175 billion and…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
make sure that large deals could be done even if senators block appointees to the board, has drawn a veto threat from the White House. The Ex-Im Bank's authority expires Nov. 21, but it's expected to get a short-term extension as part of a continuing resolution to fund the federal government. The House and the Senate have not been able to agree on any funding bills yet, so the entire government is funded through a continuing resolution.