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US Ex-Im Bank faces closure as Congress doesn't renew charter
Published Fri, Jun 26, 2015 · 09:50 PM
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Washington
THE US Export-Import Bank faced an imminent shutdown of its new lending and insurance activities as lawmakers left Washington on Thursday for an 11-day break without renewing the trade lender's charter.
Ex-Im's authority to make new loans or write new credit and trade guarantees will expire at midnight on June 30, leaving man…
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