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Lawrence Summers
Lawrence Summers goes to bat for endangered Export-Import Bank
Lawrence Summers goes to bat for endangered Export-Import Bank

Former Treasury Secretary Lawrence H. Summers is urging Congress to reauthorize the endangered Export-Import Bank, saying that allowing the agency to shut down while other countries have similar programs to boost their foreign sales would be "the economic equivalent of unilateral disarmament." Summers, who was President Obama's top economic advisor in 2009-10, added his voice to a chorus of business leaders and Democratic officials who are fighting to save the bank in the face of stiff Republican opposition. ------------ A previous version of this post said the incoming House Majority Leader Kevin McCarthy was from Sacramento. He's from Bakersfield. ------------...

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