Daily News

Industry groups urge lawmakers to facilitate a more robust Ex-Im Bank

June 6, 2019
Citing China's economic practices, industry group leaders this week called on lawmakers to reauthorize the Export-Import Bank and expand its authority. The Ex-Im Bank’s charter is set to expire on Sept. 30. The last time the Ex-Im Bank was up for reauthorization, in 2015, Congress allowed it to stop functioning for more than five months. Some Republican lawmakers are expected to fight its reauthorization. Financial Services Chairwoman Maxine Waters (D-CA), a strong supporter of the bank, convened a hearing on...

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