Senate throws Export-Import Bank a lifeline

The Senate voted overwhelmingly late Monday to attach language to a multi-year highway funding bill that would revive the Export-Import Bank, but the bank's future remains murky at best because of opposition in the House.

The 64-29 vote officially added language to reauthorize the Export-Import Bank to the highway funding bill. The Senate is expected to pass the highway bill later this week and send it to the House.

But while the majority of senators have agreed to throw a lifeline to the bank, it's going nowhere in the House, at least for now.

House Majority Leader Kevin McCarthy told reporters Monday that the lower chamber will not take up the Senate highway measure at all before the House adjourns this week.

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