Ex-Im Bank Board Seats Remain Unfilled

We’re disappointed that the @EximBankUS nominees have expired and were not included in the final package. The Ex-Im bank helps support 2.4mil jobs in the U.S. #aerospace industry and plays a key role in our economy. Ex-Im needs leaders committed to its continued success.

— Aerospace Industries (@AIAspeaks) January 4, 2019

With the new Congress, the president’s nominations to fill open seats on the Export-Import Bank have expired and need to be resubmitted to Congress. This limits the board to financing small deals, with larger ones for various satellite manufacturers and launch providers prohibited until the seats are filled. Sen. Richard Shelby (R-Ala.) has been blocking hearings on nominees.