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Bill Would Require U.S. to Pursue Elimination of Global Export Credit Agencies

Rep. Garret Graves, R-La., on Dec. 18 introduced a bill that would require the Treasury Secretary to, alongside other countries, “pursue” mutual elimination of government-funded export credit agencies, including the abolishment of the Export-Import Bank “if doing so would not…

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put the United States at a competitive disadvantage.” Text of the bill has not been released. Graves’ office did not respond to a request for comment.