President Barack Obama signed legislation on Friday that reauthorizes the U.S. Export-Import Bank for four more years. Fred Hochberg, the chairman of the agency, which finances American exports, spoke to The Wall Street Journal about the bank’s latest political brawl with Republican critics in Congress. The agency was forced to stop accepting new loan and insurance applications after its charter lapsed in July because key lawmakers wouldn’t bring up for a vote legislation to reauthorize the bank.
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Topics: EXPORT-IMPORT BANK
Regions: UNITED STATES
Authors: THE WALL STREET JOURNAL