The votes on all five amendments came just ahead of a vote on legislation reauthorizing the actual bank, the Securing American Jobs Through Exports Act (H.R. 2072).
An amendment by Sen. Mike LeeMike LeeTrump accepts Cruz endorsement after saying he wouldn't In reversal, Cruz endorses Trump The Hill's 12:30 Report MORE, (R-Utah), eliminating the bank in 2013, failed in a vote of 12-87. That vote was followed by Sen. Rand PaulRand PaulSaudi skeptics gain strength in Congress Senators challenge status quo on Saudi arms sales Five tips from Trump's fallen rivals on how to debate him MORE's (R-Ky.) amendment which keeps the bank from loaning to projects in countries that have government debt instruments like government bonds. Paul's amendment failed, 9 to 89. An amendment by Sen. Bob CorkerBob CorkerSenate rejects push to block Saudi arms sale Congress set for Saudi showdown with Obama GOP senators: Obama rebuffed negotiations on 9/11 bill MORE (R-Tenn.) that stopped the bank from fully financing certain products, did not pass 36 to 62.
The final two amendments, one by Sen. David VitterDavid VitterGOP pressures Kerry on Russia's use of Iranian airbase Louisiana needs Caroline Fayard as its new senator Louisiana Republicans: This isn’t like Sandy MORE (R-La.) that prohibits the bank from funding energy projects that compete with similar projects in the U.S., and one by Sen. Pat Toomey (R-Pa.), funding the bank only if there is progress toward shutting it down, failed as well. Vitter's amendment failed, 37 to 61 and Toomey's amendment failed, 35 to 63.
The votes on the five amendments were part of a deal Senate Majority Leader Harry ReidHarry ReidBlack Caucus demands Flint funding from GOP Report: Intelligence officials probing Trump adviser's ties to Russia White House preps agencies for possible shutdown MORE (D-Nev.) made with Senate Republicans to end an impasse over moving the reauthorization legislation forward. Under the agreement, the Senate would vote on the five amendments, each with a 60-vote threshold, and then proceed to a vote on the actual bill, also with a 60-vote threshold.