House Dems, GOP Agree on Export-Import Bank Bill
House Democrats and Republicans have reached an agreement to reauthorize the Export-Import Bank through 2014. Its charter is due to expire May 31. The bank provides loan guarantees to foreign corporations to purchase U.S.-made goods and services. In 2011, financing from the Export-Import Bank helped 3,600 private companies add nearly 300,000 jobs across the country.


