Tuesday, June 28, 2016

A Single Senator Stymies the Export-Import Bank

A Single Senator Stymies the Export-Import Bank-newyorktimes: Thursday is an ignominious anniversary for the government agency that helps finance foreigners’ purchases of American exports. Thanks to a single senator, it has been a full year since the 82-year-old Export-Import Bank could approve deals exceeding $10 million, a limit that rules out high-dollar deals on airplanes, power generators, heavy equipment and nuclear reactors.