Share This Article with a Friend!


Export-Import Bank ends operations as Congress failed to reauthorize

Andrew V. Pestano, UPI

The Export-Import Bank of the United States will end operations tonight as Congress failed to reauthorize its charter before the July 4 recess. The bank will not be able to arrange new loans for the first time since it was implemented 81 years ago. Democrats and a few Republicans are attempting to renew the bank's charter, which could see the bank's rebirth by late July.

http://www.upi.com/Top_News/US/2015/06/30/Export-Import-Bank-ends-operations-as-Congress-failed-to-reauthorize/7531435663102/