Ex-Im Bank punches back at critics as fight to renew charter drags on

The Hill reports:

The future of the U.S. Export-Import Bank is up in the air as Congress battles over renewing the bank’s charter.

Fred Hochberg, Ex-Im's chairman and president, is arguing for a long-term renewal with a greater loan limit than what House Republican leaders have offered so far. The former businessman believes a multi-year extension would give greater certainty to U.S. exporters and help them better compete against foreign rivals.

Great moments in welfare.