There’s a huge fight in Congress right now over the U.S. Export-Import Bank, a government agency that makes loans to foreigners so they can buy U.S. products.
The bank needs authorization from Congress every few years. The bank lost its authorization a year ago. Congress did reauthorize the bank late last year, but it’s still hobbled.
A year ago, John Murphy was working around the clock, lobbying hard to keep the Export-Import Bank open.