Senate nomination pact averts meltdown — for now

WASHINGTON • A bipartisan Senate removed the final hurdle on Wednesday to approving the second of President Barack Obama’s stalled nominees in two days, this time showing overwhelming support for the chief of the Export-Import Bank. The 82-18 roll call cleared the way for Fred Hochberg to win a second four-year term heading the agency, a vote expected later on Wednesday. Conservatives oppose the bank, which provides financing for U.S. exporters, saying its federally backed loans risk taxpayers’ ...

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