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Trans-Pacific Aerospace TPAC
Posted On: 08/18/2016 1:44:27 PM
Post# of 22940
Posted By: InToWin
Re: tradingjeff #11504
you're forgetting an amendment was added to the 2017 state and foreign office appropriations bill (or something like that) that allowed Ex-Im to fund loans over $10M without a quorum when 3 or more board seats sit vacant.

We just have to wait for the house to get back into session next month and for them to vote and pass the appropriations bill.

I don't think it's a coincidence that the entire reconstruction is ending, and major items falling into place, right as the loam limit might be lifted with Ex-Im.

Someone also recently posted that the bank is still vetting the loans so that as soon as legally allowed the could immediately fund these loans.













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