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Senate rejects Export-Import Bank reauthorization

from Politico

The Senate recently voted not to reauthorize an export bank that its supporters — a coalition of Democrats, some Republicans and prominent business interests — say generates thousands of jobs. The vote on reauthorizing the Export-Import Bank, part of an overall package that would lift a half-dozen regulations for small businesses, failed 55-44. The measure needed 60 votes to proceed. more

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