“President Barack Obama is ramping up pressure on Congress to reauthorize the Export-Import Bank. The obscure federal agency’s charter expired last month after lawmakers refused to reauthorize it. The bank underwrites loans to foreign companies purchasing American products, but conservatives call it corporate welfare. Obama on Wednesday plans to meet at the White House with owners of small- and medium-size businesses that have benefited from the bank. Senate Majority Leader Mitch McConnell of Kentucky has floated the possibility of attaching the bank’s reauthorization to a six-year highway and transit bill.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Arrested Bitcoin Mogul Charlie Shrem Defiant In First Public Appearance
Medical Marijuana for Kids Could Pit Parents Against Pediatricians
How do smartphones reveal shoppers’ movements?
Disruptions: A Digital Underworld Cloaked in Anonymity
Former FBI agent pleads guilty to leaking secrets to the Associated Press
The American Dream appears to be more attainable in Mexico and China
'Nut-free' school zone decision upheld by Michigan Court of Appeals
Pakistani Taliban announces kill plan for drone strike protest leader Imran Khan
Ponzi Pandemic: 500+ Schemes Totaling $50+ Billion in 'Madoff Era'
U.S. ‘withheld’ emails on WikiLeaks suspect Bradley Manning: defense
'Copblock' wiretap case goes to court in Manchester
Tibetan mastiff twins sell for record-breaking $3 million in China
Plutonium went missing in San Antonio, but the government says nothing
Puerto Rico bonds crash high-yield municipal debt party
Bradley Manning: 1,000 days in detention and secrecy still reigns