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Frank Lucas

Momentum builds for reviving Export-Import Bank

Congressional backers of the U.S. Export-Import Bank are close to reviving it four months after conservative foes ensured that its charter expired.

The bank helps overseas buyers get financing to purchase U.S. exports, and a provision reauthorizing it was attached to a popular but unrelated highway measure that the House passed 363-64 on Thursday. The bank enjoys widespread support in the Senate, and the provision is a good bet to survive negotiations on a final bill.

The bank's charter expired June 30, and it has been unable to approve new financing applications since then.

The Export-Import reauthorization has had a tortuous path. Opposition from key committee...