Key U.S. lawmaker supports short-term extension of Ex-Im bank: Boehner

Reuters News
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Posted: Sep 09, 2014 10:35 AM

WASHINGTON (Reuters) - U.S. House of Representatives Speaker John Boehner said on Tuesday the financial services committee chairman now supports a short-term extension of the U.S. Export-Import Bank.

Republican Chairman Jeb Hensarling had been highly critical of the bank, which many conservatives view as an unnecessary federal agency. Boehner said he was working with Hensarling and said "he thinks a temporary extension of the Export-Import bank is in order."

(Reporting by Richard Cowan; Writing by Doina Chiacu; Editing by Bill Trott)