GOP Senators Call for Ex-Im Bank Liquidation Plan

Six senators incl Republican presidential candidates Marco Rubio, Ted Cruz, Rand Paul call for “orderly liquidation” plan for Export-Import Bank, in letter to Ex-Im Chairman Fred Hochberg.

  • Senators ask for report on dissolution of board of directors, return of properties to GSA, details on successor agency.
  • NOTE: Ex-Im’s authorization expired June 30; bank now prohibited from acquiring new obligations

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