WASHINGTON—The Senate has taken an important step toward confirming President Donald Trump’s nominees for the U.S. Export-Import Bank (Ex-Im Bank), despite efforts of advocacy groups backed by the Koch brothers to end the credit agency.
The Trump administration has been pushing the Senate to revive the federal export credit agency, labeling it “a national security weapon.” However, conservative opponents of the bank call the agency “an example of crony capitalism that puts U.S. taxpayers at risk.”
