Senate renews Ex-Im Bank charter

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Wednesday, May 16, 2012

The Senate voted 78-20 to pass a bill to renew the U.S. Export Import Bank's charter for another three years and raise its lending cap from $100 billion to $140 billion. The Coalition for Employment through Exports (CEE) and National Foreign Trade Council applauded the passing of H.R. 2072 (Securing American Jobs Through Exports Act of 2011) reauthorizing the Ex-Im Bank. John Hardy, president of CEE, said, “with the extension of the charter expiring at the end of...

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