News | October 28, 2015 05:10 AM EDT

Ex-Im Bank's Future Depends on U.S. Senate After House Vote - Bloomberg

The House voted to renew the U.S. Export-Import Bank in a bipartisan effort that sends the measure to the Senate, where it faces opposition from Majority Leader Mitch McConnell.

The 313-118 House vote Tuesday would extend the bank’s charter through September 2019, allowing it to resume financing companies’ overseas sales.

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