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Harold Rogers
Export-Import Bank may get a reprieve
Export-Import Bank may get a reprieve

The Export-Import Bank, in danger of closing at the end of the month because of strong conservative opposition, neared a reprieve late Tuesday as Republican leaders included a nine-month extension of its charter in a short-term budget bill. The provision came after House Speaker John A. Boehner (R-Ohio) told reporters that he has been working with House Financial Services Committee Chairman Jeb Hensarling (R-Texas), who has been rallying opposition to the 80-year-old agency, to find a way to reauthorize the bank's charter before it expires Sept. 30. "He thinks that a temporary extension of the Export-Import Bank is in order," Boehner said. The speaker's comments...

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