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House GOP bill would restore Ex-Im Bank quorum, functionality

October 17, 2017 at 7:44 AM
As President Trump's nominees for the Export-Import Bank await confirmation in the Senate, a group of House Republicans is trying to change the bank's quorum requirements so it can resume full operations. The bank needs a quorum of three members to approve loans of more than $10 million, but has only two members today and has been without a quorum since 2015. President Trump has nominated five members to the board but confirmation hearings have not been scheduled. Last week,...


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