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Johnson praises renewal of Export-Import charter
• SIOUX FALLS, S.D. (AP) -- Sen. Tim Johnson is praising the Senate's passage of legislation to renew the charter of the Export-Import Bank. • The bill reauthorizes the bank for three years and raises its lending cap from the current $100 billion to $140 billion. • Johnson, who chairs the Senate Banking Committee, says the higher lending authority will ensure the Export-Import Bank can grow to meet the future needs of American exporters. • The South Dakota senator calls the bill an important step in supporting American
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