OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Reauthorization of Export-Import Bank through 2019 is now one step away from the President's desk

Date: Dec. 3, 2015
Location: Washington, DC
Issues: Finance and Banking Trade

Months after the Export-Import Bank of the United States' authority lapsed, the House of Representatives voted again to approve the reauthorization of the Export-Import Bank as an amendment to the 5-year, $300 billion highway bill. The bill now heads to the Senate where it is expected to pass.

"Congress will finally green light Ex-Im to go in and to help these companies get their products out of the warehouses and into the hands of global purchasers," Heck said. "Once the President signs this bill into law, the Export-Import Bank can once again get American goods sold to customers around the world. This is a victory for our export economy, which includes everything from music stands to wide body jets in Washington state. But let's be clear that this needless delay harmed small businesses mightily for months, and we can never let it happen again."


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