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June 28, 2014 AT 12:36 PM
The U.S. Export-Import Bank, derided by conservative critics as an expensive boondoggle, may win a reprieve from what looked like almost certain death in Congress if enough Republicans can be persuaded to let it live on, but with its wings clipped. Some Republicans who were once opposed to extending Ex-Im's mandate beyond the end of September are now reconsidering, worried that killing off the bank that provides financing to foreign buyers of U.S.