Boehner: Killing US Ex-Im Bank Risks Jobs

Speaker of the U.S. House of Representatives John Boehner says the beleaguered U.S. Export-Import bank may need some reforms, but "thousands of jobs would disappear quickly" if the agency were allowed to go out of business at the end of June. That is when Ex-Im's authorization expires, and without congressional action, it will have to stop accepting new customers at that time. Ex-Im supplies financing and loan guarantees to foreign customers of U.S. companies. Many of the...

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