Ex-Im Bank Gains Support as U.S. Lawmakers Seek Oversight

Support for the U.S. Export-Import Bank gained momentum yesterday as some opponents said they would consider reauthorizing the agency and lawmakers sought ways to increase its oversight and aid to small businesses.

Republicans led by Representative Stephen Fincher of Tennessee, who voted against reauthorizing the bank in 2012, plan to introduce a bill that would renew it, while mandating changes in its business practices. In the Senate, a new bipartisan measure would require the bank to report more about its operations to Congress.