The US Export-Import (Ex-Im) Bank is expected to have its re-authorisation approved by Congress today following a push by Senator Charles E. Schumer. Schumer has pushed to make the case that Ex-Im Bank provides financing to foreign companies in order to help them purchase U.S. goods “The Ex-Im Bank has been one of the key tools in our toolbox for supporting and growing manufacturing jobs across New York State for a generation – which is why casting that critical resource aside and letting the bank expire last year was short-sighted and wrong. I’m pleased to announce that today, after pushing

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