Senate votes to revive Ex-Im

Senate votes to revive Ex-Im
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The Senate in a rare Sunday session voted to advance legislation reauthorizing the Export-Import Bank, which expired last month.

Over objections from conservatives, the Senate voted 67-26 to end debate on a measure to add language reauthorizing the bank’s charter to federal highway spending legislation. A vote to formally add the language to the highway bill will come later this week.

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The measure extending the bank’s charter for five years was offered by Sen. Mark KirkMark KirkStale, misguided, divisive: minimum wage can't win elections Immigration critics find their champion in Trump Trump's nominee to lead USAID has the right philosophy on international aid MORE (Ill.), one of the most vulnerable Senate Republicans up for reelection next year.

The vote split Senate Republicans.

All of the 26 "no" votes came from the GOP, while 24 Republicans voted to move forward with reauthorizing the bank.

No Democrats voted agains the bank. Democratic presidential candidate Sen. Bernie SandersBernard (Bernie) SandersOvernight Defense: Senate passes 0B defense bill | 3,000 US troops heading to Afghanistan | Two more Navy officials fired over ship collisions Senate passes 0B defense bill Dems fear lasting damage from Clinton-Sanders fight MORE (I-Vt.) opposes the bank but missed Sunday's vote to campaign.

Kirk said in a statement that bank supporters "cleared a major hurdle today."

"We are one step closer to keeping American jobs here in America and not lost to countries like China," Kirk said.
 
House conservatives oppose reauthorizing the bank, and House Republicans have also raised objections to the five-year highway spending bill, meaning the legislation faces an uncertain future in the House.

Sen. Ted CruzRafael (Ted) Edward CruzSenate Dems hold floor talk-a-thon against latest ObamaCare repeal bill Overnight Finance: CBO to release limited analysis of ObamaCare repeal bill | DOJ investigates Equifax stock sales | House weighs tougher rules for banks dealing with North Korea GOP state lawmakers meet to plan possible constitutional convention MORE (R-Texas) is the loudest opponent of the bank in the Senate. In a Friday floor speech, the presidential candidate accused Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellSenate passes 0B defense bill Overnight Health Care: New GOP ObamaCare repeal bill gains momentum Overnight Finance: CBO to release limited analysis of ObamaCare repeal bill | DOJ investigates Equifax stock sales | House weighs tougher rules for banks dealing with North Korea MORE (R-Ky.) of lying to him over the issue.

Cruz and fellow presidential candidates Sens. Rand PaulRandal (Rand) Howard PaulSenate Dems hold floor talk-a-thon against latest ObamaCare repeal bill Overnight Defense: Senate passes 0B defense bill | 3,000 US troops heading to Afghanistan | Two more Navy officials fired over ship collisions Lawmakers grapple with warrantless wiretapping program MORE (Ky.) and Marco RubioMarco Antonio RubioOvernight Defense: Senate passes 0B defense bill | 3,000 US troops heading to Afghanistan | Two more Navy officials fired over ship collisions Senate passes 0B defense bill Trump bets base will stick with him on immigration MORE (Fla.) voted no on Sunday, while Sen. Lindsey GrahamLindsey Olin GrahamTop Louisiana health official rips Cassidy over ObamaCare repeal bill Senate Dems hold floor talk-a-thon against latest ObamaCare repeal bill Overnight Defense: Senate passes 0B defense bill | 3,000 US troops heading to Afghanistan | Two more Navy officials fired over ship collisions MORE (R-S.C.) voted yes.