11,969. 12/6/2017

EX-IM BANK/NOMINATIONS/TRUMP AS PRESIDENT: “President Donald Trump’s choice to lead the Export-Import Bank faces a crucial test as early as next week, with a Senate panel weighing a vote on his nomination. A majority vote against the troubled pick, Scott Garrett, could effectively end his candidacy.
Sen. Mike Crapo (R., Idaho), the chairman of the Senate Banking Committee, could call a vote as early as Tuesday on the nomination of Mr. Garrett, a former House lawmaker tapped by Mr. Trump earlier this year to head the beleaguered export-finance agency, according to people familiar with the deliberations of the panel’s members.
The vote carries high stakes for Mr. Garrett, a former New Jersey congressman, because he currently lacks the majority needed to advance his nomination through the committee and to the full Senate. All of the banking panel’s Democrats and two of its Republicans— Mike Rounds of South Dakota and Tim Scott of South Carolina—are expected to vote against Mr. Garrett over his past opposition to the Export-Import Bank’s existence…
No vote has been publicly announced and the timing could slip, these people said. But Mr. Crapo has privately told representatives for manufacturers opposed to Mr. Garrett that he is eager to have the issue off his plate, according to a person familiar with the remarks.
Spokeswomen for Mr. Crapo and the White House declined to comment.”

-Andrew Ackerman, “Export-Import Bank Nominee Faces Crucial Senate Test,” The Wall Street Journal online, Dec. 6, 2017 04:47pm

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