Many conservatives have been opposed to the Export-Import Bank for some years. The bank financially helps US exporters. During his campaign, Trump spoke out against the Export-Import Bank, but is now reported to be supportive of it.
The Latest on President Donald Trump (all times EST):
6:10 p.m.
House Republicans who met Thursday with Donald Trump say the president committed to supporting the Export-Import Bank.
The agency helps U.S. exporters by making and guaranteeing loans, but has been a political football on Capitol Hill due to opposition from conservatives. It was allowed to expire in 2015 but was then revived, although it still isn’t able to conduct major business due to a vacancy on its board.
Trump criticized the Ex-Im Bank on the campaign trail, but now appears to have warmed to it.
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