Ex-Im Bank could be back in business with new board nominations

19/09/2017

Ex-Im Bank could be back on track to start approving financial transactions worth more than $10m, after Donald Trump finally announced three more board nominations. Ex-Im has been unable to approve large deals since it has not had a full quorum of five board members, leaving US exporters less able to compete. Sometimes called ‘Boeing Bank’, its status has foundered recently as politicians have argued over its purpose. In April, Scott Garrett , who has argued for the closure of ...