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Boeing, GE Win as House Votes to Revive Ex-Im Bank

Boeing, GE Win as House Votes to Revive Ex-Im Bank

House Democrats and Republicans on Oct. 27 voted to resurrect the Export-Import Bank, a huge win for companies such as Boeing [BA] and General Electric [GE] that rely on the bank to help finance exports to international buyers. The reauthorization was passed in a 313-118 vote in which nearly all Democrats and a majority of Republicans moved in favor of the bill.Although the bank has typically garnered bipartisan support, conservative Republicans—many of whom hold top leadership positions—have called for the bank’s…

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