The Senate Banking Committee on Tuesday rejected President Trump’s nominee for chair of the Export-Import Bank after two Republicans decided to vote no. Former Rep. Scott Garrett’s nomination was voted down by a vote of 10-13, a margin assisted by “no” votes from GOP Sens. Tim Scott and Mike Rounds. As a staunch fiscal conservative, Garrett has a history of opposing Ex-Im, the federal government’s export credit agency, and while a congressman he actively worked to try and kill the agency.
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