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Collins pushes Trump's Export-Import Bank appointments

WASHINGTON — Rep. Chris Collins, a Clarence Republican, joined with 67 other lawmakers Tuesday to push the Senate to quickly confirm President Trump's four nominees for the Export-Import Bank.

In a letter to Senate Majority Leader Mitch McConnell, a Kentucky Republican and Minority Leader Charles E. Schumer, a New York Democrat, Collins and colleagues from both parties said the bank was only able to back $2.4 billion in loans last year, down from $20.4 billion the year before, just because it didn't have a quorum to approve additional lending.

“We believe the Senate should move forward expediently in approving these nominees so that EXIM can continue to play the important role it has in past years, supporting U.S. exports and creating and maintaining U.S. jobs,”  the lawmakers said in the letter.

The bank is the federal government's official export credit agency, offering loans to U.S. companies doing business overseas.

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