Senate Majority Leader Mitch McConnell is refusing to take up House legislation that would extend the operations of the beleaguered Export-Import Bank for the next decade and is instead inclined to keep the agency running as part of an upcoming government funding bill, he told POLITICO. The House on Friday is planning to pass legislation by Financial Services Chairwoman Maxine Waters (D-Calif.) that would reauthorize the agency for 10 years. The agency was previously included in the so-called continuing resolution that Congress passed in September to avoid a government shutdown at that time.
