Senate Reauthorizes Export-Import Bank

Categories: U.S. Legislatitive Issues | Author: Mike Williams | Posted: 5/16/2012 | Views: 8941

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.

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Source: Roll Call