X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The Senate Banking Committee rejected Scott Garrett’s nomination to be chairman of the U.S. Export-Import Bank, an institution the former congressman earlier called “corporate welfare” and tried to shut down.

In the 10-13 vote Tuesday, Republican Sens. Mike Rounds of South Dakota and Tim Scott of South Carolina joined all of the committee’s Democrats in opposition. Rounds said Garrett’s past efforts to end the institution can’t be overlooked at a time when it needs a solid commitment to improvements.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.