Los Angeles Times

Export-Import Bank to close

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The Export-Import Bank, an 81-year federal agency, is slated to end its mission Tuesday of providing aid to exporters and helping foreign buyers purchase U.S. goods. House Republican­s have targeted the federal agency for extinction, refusing to reauthoriz­e the bank’s charter. Democratic supporters of the bank say the action will jeopardize projects and thousands of U.S. jobs.

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