Inside Trade

October 26, 2025

After Garrett's rejection, uncertainty about path forward for Ex-Im Bank

By Anshu Siripurapu  / December 21, 2017 at 3:32 PM
Scott Garrett's hopes of leading the Export-Import Bank -- an agency he railed against during his tenure as a New Jersey congressman -- ran into a possibly fatal roadblock Dec. 19 when the Senate Banking Committee rejected his nomination in a rare rebuke of the Trump administration, though what comes next for the bank's board remains uncertain. Four Ex-Im board nominees were approved by the committee on Dec. 19, but some senators have pledged to tie up the process if...

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