Nearly six months after the Export-Import Bank was shut down due to congressional wrangling, the federal agency has been revived – which is good news for the Boeing Co. The bank plays a key role in making loans and guaranteeing loans to foreign buyers of U.S. goods. Since 2007, it’s provided support for $ 135 billion in exports from Washington state, according to U.S. Sen. Maria Cantwell, D-Wash., one of the backers of the bank’s reauthorization. Many of those exports were in the form of Boeing airplane sales, to such an extent that some have called the agency “the Bank of Boeing.” Supporters say… Read More
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