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U.S. senators launch bipartisan Export-Import Bank blueprint

U.S. senators launch bipartisan Export-Import Bank blueprint

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A bipartisan plan to save the U.S. Export-Import Bank seeks to extend the bank’s term until 2019, increase lending to small businesses and overturn limits on coal-fired power plant projects.

The bill, introduced on Thursday, seeks a balance between conservatives who want to close the export credit agency, other Republicans who want reforms, and many Democrats who prefer a longer-term mandate and an expansion of the bank’s activities.

U.S. senators launch bipartisan Export-Import Bank blueprint

-Reuters 3/19/2015