Authorization for the US Export Import bank ran out at the end of June. That agency helps businesses finance international transactions. The re-authorization has now been tied to the transportation bill.

South Dakota Senator Mike Rounds says he would support the agency…

 

Rounds says while the bank can be useful for businesses, there needs to be changes in how it operates…

 

Rounds says the House has not been supportive of re-authorizing the bank…

 

The House has already adjourned for the August break, so the bank will stay in limbo until at least September.