Export-Import Bank faces rocky path to renewal as Congress returns

Published August 26, 2014 10:56pm ET



Congress will barely be in session in the 10 weeks before Election Day, and it will do very little legislating. One of the issues it does have to resolve, though, is what to do with the Export-Import Bank.

Ex-Im is a federal agency that subsidizes U.S. exporters, giving taxpayer-backed financing to foreign companies and governments. Conservatives are giving this agency a hard time, and House leaders show no desire to take up a bill reauthorizing Ex-Im.

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