The U.S. Export-Import Bank is likely to have its charter renewed through mid-2015 this week, even though lawmakers in both parties said on Tuesday they see the extension as a second-best solution.
Most Republicans said they would support an extension through June 2015 after influential conservative Representative Jeb Hensarling of Texas, who had pushed to shut the export credit agency down when its charter expires on Sept. 30, said he would back the move.
Democrats are also on board with the extension, which the House of Representatives is expected to consider on Wednesday as part of a bill to fund the government past Sept. 30, even though they would prefer a multi-year extension. Continue reading “U.S. Ex-Im Bank extension seen likely though mid-2015 -lawmakers”

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