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Business Groups Urge Congressional Leaders To Back Ex-Im Quorum Measures

September 12, 2016 at 4:21 PM
Major business groups including the U.S. Chamber of Commerce and the National Association of Manufacturers are urging congressional leaders to back identical House and Senate measures that would free up the U.S. Export-Import Bank to approve transactions over $10 million even without a quorum. Senate Banking Committee Chairman Richard Shelby (R-AL) has blocked the appointment of a third board member and prevented the quorum needed to approve such transactions. Language in the House and Senate foreign operations appropriations bills would...

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