Bad Move Mr. President: Senate revives beleaguered export bank after push by Trump
(From Politico)
The Senate on Wednesday agreed to replenish the board of the hobbled Export-Import Bank with three Trump appointees, after Republican opponents spent years blocking nominees to lead the trade-finance agency.
The bank, which has provided billions of dollars in loan guarantees to foreign buyers of U.S. exports, will now be able to return to full operation for the first time since 2015, when its board lost a quorum necessary to approve transactions larger than $10 million.
http://www.againstcronycapitalism.org/
Source: https://www.ac2news.com/2019/05/bad-move-mr-president-senate-revives-beleaguered-export-bank-after-push-by-trump/
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