House Majority Leader Eric CantorEric Ivan CantorEmbattled Juul seeks allies in Washington GOP faces tough battle to become 'party of health care' 737 crisis tests Boeing's clout in Washington MORE (R-Va.) said Thursday that he would let Financial Services Committee Chairman Jeb HensarlingThomas (Jeb) Jeb HensarlingHas Congress lost the ability or the will to pass a unanimous bipartisan small business bill? Maxine Waters is the Wall Street sheriff the people deserve Ex-GOP congressman heads to investment bank MORE (R-Texas) take the lead on negotiations to reauthorize the Export-Import Bank — for now.

Cantor deferred to Hensarling upon a query about the Export-Import Bank from House Minority Whip Steny HoyerSteny Hamilton HoyerOvernight Health Care — Presented by Partnership for America's Health Care Future — Pelosi set to unveil drug price plan | Abortion rate in US hits lowest level since Roe v. Wade | Dems threaten to subpoena Juul Dem leader says party can include abortion opponents Hoyer calls on GOP leader to denounce 'despicable' ad attacking Ocasio-Cortez MORE (D-Md.) during their weekly colloquy.

ADVERTISEMENT

"I will look to him and his leadership on that issue as the committee works its way through the varying issues," Cantor said. "We will see what the Financial Services Committee does."

The charter for the Export-Import Bank, which provides financing for U.S. agencies to sell goods overseas, expires at the end of September. But a deal to reauthorize the credit agency will be difficult because Hensarling thinks it should be abolished.

Conservatives argue that the Export-Import Bank is a form of corporate welfare. Supporters, however, say it is a self-sustaining entity that boosts U.S. exports.

Two years ago, Cantor ultimately negotiated a deal to reauthorize the bank with Hoyer. But when Hoyer said last month that his office had already begun preliminary discussions with Cantor on the issue, Cantor's office insisted that no such talks were happening.