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Export-Import Bank Moves Forward in US House

The U.S. House of Representatives renewed debate over the existence of the Export-Import Bank Monday, using a rare parliamentary maneuver that has not succeeded in more than a decade. The debate comes four months after conservatives in Congress shut the bank down. House Financial Services Committee chairman Jeb Hensarling (R-Texas) had criticized the bank for redistributing risk from corporations to taxpayers, and allowed the bank's charter to expire in July after a series of House...

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