Boehner backs off support for Export-Import bank

Published June 24, 2014 7:23pm ET



WASHINGTON (AP) — Faced with conservative opposition, House Speaker John Boehner is declining to take a position on renewing the Export-Import Bank even though he’s supported it in the past. His new stance deals a blow to a top priority of the business community.

The Ohio Republican told reporters Tuesday that he has a different job now and needs to work with GOP lawmakers to make sure they’re comfortable with what he called a “rather controversial subject.”

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