Senate Votes to End Debate on Nominees for Export-Import Bank
The Senate voted to close the debate on nominees for the Export-Import Bank of the United States’ board of directors on May 3, clearing the way for their confirmation, according to a press release from the Aerospace Industries Association. The…
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nominees would give the bank enough directors for a quorum to approve transactions of more than $10 million, according to the release: “Should the nominees be confirmed, the Bank will be fully functional for the first time in four years.”