By Amie Parnes - 05/30/12 07:23 PM EDT
Obama congratulated lawmakers for working with him to pass the bill, the main tool for the U.S. government to tout export sales. The bank’s charter was set to expire this month.
House Majority Leader Eric Cantor (R-Va.) negotiated the Ex-Im Bank agreement with Minority Whip Steny Hoyer (D-Md.) in a rare bipartisan accord.
Cantor, however, skipped Wednesday's signing ceremony. A spokeswoman said Cantor could not make the event work with his schedule. In April, the majority leader did attend a signing ceremony at the White House for jobs legislation he sponsored.