Schumer, Democrats Seek to Expand Export-Import Bank Mission, Subsidize Domestic Production

Key facts

• Senate Minority Leader Chuck Schumer and Democrats are seeking to expand the US Export-Import Bank's mission.
• The plan also includes subsidizing more domestic production.

Senate Minority Leader Chuck Schumer and fellow Democrats are looking to expand the mission of the US Export-Import Bank. The legislative push also aims to increase subsidies for domestic manufacturing.