Ex-Im Future Hangs In Limbo | Aviation International News

Regulations and Government

Ex-Im Future Hangs In Limbo

The Ex-Im Bank wins key court battle but faces Republican opposition.

By Kerry Lynch • Editor, AIN monthly magazine

May 18, 2015

The U.S. Export Import Bank (Ex-Im) faces an uncertain future, with its current authorization set to expire at the end of June and strong opposition to renewing the agency on Capitol Hill.

A number of Republican lawmakers argue that the bank is taking business away from private institutions in an effort to help big business. Some U.S. airlines, meanwhile, have been pushing for reforms in the next reauthorization bill. Ex-Im faced expiration of its authorization last year, but in September Congress passed a short-term renewal of the agency’s authority through June 30, pushing off long-term decisions until this year.

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