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Trans-Pacific Aerospace TPAC
Posted On: 08/16/2016 10:12:30 AM
Post# of 22940
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Posted By: tradingjeff
Re: DJknows #11324
If anyone here lives in AL, they should write the governor and request that Shelby be recalled.
Quote:
In December, large majorities in both chambers voted to renew its lapsed charter. But Sen. Richard Shelby (R., Ala.), the chairman of the Senate Banking Committee, has blocked the confirmation of a board member, depriving the bank of the quorum needed to approve deals exceeding $10 million.

The dispute illustrates the backlash that large companies are facing in Washington from a Republican Party that has grown increasingly populist. It is also the latest of several recent moves by Senate Republicans to shape policy using the nominations process.

...

Mr. Hochberg was in China to hold regular meetings with officials at the Export-Import Bank of China, leasing companies and the China Export & Credit Insurance Corp., or Sinosure. He said the Chinese officials found the U.S. legislative delays “confounding.”


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