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Ex-Im Bank Reauthorization Left Off Republican To-do List

wochit politics
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August 08, 2014 AT 2:56 PM
Export-Import Bank was left off a list of items that the No. 2 Republican in the House of Representatives expects his party to take up in September, raising new questions about the bank's future. The charter for the export credit agency is set to expire Sept. 30, and reauthorization is needed to allow Ex-Im to keep lending to buyers of U.S. exports. The omission by Majority Leader Kevin McCarthy of Ex-Im on a likely September agenda is a preview of yet another showdown between President Barack Obama and congressional Republicans that could come this fall.