Senate Reauthorizes Export-Import Bank

Author: Mike Williams | Posted: 5/16/2012

The Senate has approved legislation that would reauthorize the Export-Import Bank after rejecting five Republicans amendments, including a proposal to shut down the bank.

The bill was approved 78-20 — with all 20 “no” votes cast by Republicans — and now goes to President Barack Obama for his signature. The House passed the measure last week 330-93.

Read more.

Source: Roll Call