House votes to revive controversial Ex-Im Bank

Crain's Chicago Business reports:

The House voted to renew the U.S. Export- Import Bank in a bipartisan effort that overcame opposition from conservatives who have blocked the bank from financing companies' overseas sales for almost four months.

The 313-118 House vote Tuesday would extend the bank's charter through September 2019. The legislation moves to the Senate, where Majority Leader Mitch McConnell, a Kentucky Republican who opposes the bank, said he won't allow a vote on the bill. He left the door open to reauthorizing the bank as an amendment to a separate highway bill.

The welfare-warfare state all in one operation ! The greed of the rent-seeking society.