Main House Foe of Export-Import Bank ‘Swallows Hard’ at 9-Month Reprieve

Photo Credit: Bill Clark / CQ Roll CallA leading congressional advocate for pulling the plug on the Export-Import Bank today said he “regrets” that a nine-month reauthorization of the federal agency is part of a Republican-sponsored measure to keep the government running.

“I do not believe that Ex-Im should be part of the CR [continuing resolution]. I regret that the Republican conference is putting it there,” House Financial Services Chairman Jeb Hensarling, R-Texas, said in response to a question from The Daily Signal.

The charter of the Export-Import Bank is slated to expire Sept. 30, but a continuing resolution being considered in the House would extend the life of the bank until June 30 next year.

“I am not enamored with this particular continuing resolution,” Hensarling said after a speech at Hillsdale College’s Kirby Center in Washington. He added:

If I had my druthers, this would not be what would be before me, but I learned very early on in my congressional career that I don’t get to vote on what I want to vote on. I have to vote on what’s in front of me.

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