Chances Dim For Ex-Im Renewal As Congress Fails To Act Before Recess
Chances are dimming for a reauthorization of the Export-Import Bank this fall after the House and Senate failed to include it in a short-term extension of a highway bill this week, though the Senate did include it in a longer-term extension of the highway bill it passed on Thursday (July 30) by a vote of 65-34. The Senate Ex-Im amendment is the bill sponsored by Sens. Mark Kirk (R-IL) and Heidi Heitkamp (D-ND), which would extend the bank's charter until...