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Kevin McCarthy

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  • Representative Jeb Hensarling wrote a scathing letter to Jay Timmons, president of the National Association of Manufacturers, and James McNerney, chairman of Boeing, referring to reports they were visiting lawmakers to promote the reauthorization of the bank.

  • WASHINGTON, July 21- A Republican House committee chairman scolded Boeing Co and a large U.S. trade group on Monday for lobbying to keep the Export-Import Bank alive, saying their efforts amounted to petitioning for "special privilege."

  • WASHINGTON, June 27- The U.S. Export-Import Bank, derided by conservative critics as an expensive boondoggle, may win a reprieve from what looked like almost certain death in Congress if enough Republicans can be persuaded to let it live on, but with its wings clipped.

  • WASHINGTON, June 25- If the battle over the U.S. Export-Import Bank is Washington's latest political tempest, then Don Nelson from Bakersfield, California is aiming at the eye of the storm.

  • WASHINGTON, June 25- The future of the U.S. Export-Import Bank was thrown further into doubt on Wednesday after an influential conservative lawmaker labeled the bank an example of corporate cronyism that benefits multi-nationals at the expense of taxpayers and many small companies.

  • WASHINGTON, June 25- The future of the U.S. Export-Import Bank was cast further into doubt on Wednesday after an influential conservative lawmaker labeled the bank an example of corporate cronyism that benefits multi-nationals at the expense of taxpayers and many small companies.

  • WASHINGTON, June 24- A push to save the United States' export credit agency struck a new hurdle on Tuesday when Congress's top Republican refused to throw his support behind the Export-Import Bank after news that bank staff were under investigation for graft.

  • WASHINGTON, June 24- Delta Air Lines Inc chief executive Richard Anderson said on Tuesday he opposes reauthorization of the U.S. Export-Import Bank unless there are changes to the way the bank finances the sale of widebody aircraft.

  • WASHINGTON, June 24- A push to save the United States' export credit agency struck a new hurdle on Tuesday when Congress's top Republican refused to throw his support behind the Export-Import Bank after news that bank staff were under investigation for graft.

  • WASHINGTON, June 24- U.S. House of Representatives Republicans are working on how to approach reauthorization of the U.S. Export-Import Bank, which helps finance exports of U.S. goods and services, House Speaker John Boehner said on Tuesday, saying he would listen to all sides on the "thorny" issue.

  • WASHINGTON, June 23- The U.S. Export-Import Bank has suspended or removed four officials as investigators look into allegations of improper gifts and kickbacks as well as efforts to direct contracts to favored businesses, the Wall Street Journal reported on Monday.

  • WASHINGTON, June 22- The newly elected No. 2 Republican in the House of Representatives said on Sunday he opposed renewing the charter for the U.S. Export-Import Bank, which helps finance exports of U.S. goods and services.

  • WASHINGTON, June 22- The newly elected No. 2 Republican in the House of Representatives said on Sunday he opposed renewing the charter for the U.S. Export-Import Bank, which helps finance exports of U.S. goods and services. The Export-Import Bank, which was established 80 years ago, backed $37.4 billion in exports in 2013..

  • WASHINGTON, June 19- U.S. House of Representatives Republicans on Thursday chose an ally of Speaker John Boehner for the No. 2 job in the chamber, a setback for some conservative lawmakers hoping to use a leadership election to boost their influence.

  • WASHINGTON, June 18- House of Representatives Republican lawmakers pressured candidates for party leadership jobs on Wednesday to put a higher priority on conservative principles in setting the legislative agenda for the chamber.

  • WASHINGTON, June 11- The sudden primary defeat of U.S. House of Representatives Majority Leader Eric Cantor not only paves the way for a new party leader- it could also open the door for a new chairman of the House Financial Services Committee.

  • WASHINGTON, June 11- A shock primary election defeat for Eric Cantor, the No. 2 Republican in the U.S. House of Representatives, left his political party in chaos on Wednesday as financial markets worried the shakeup might renew budget fights that in the past have caused government shutdowns and near credit defaults.

  • CANTOR SAYS HE BACKS REPRESENTATIVE KEVIN MCCARTHY FOR HOUSE MAJORITY LEADER IF HE SEEKS THE POSITION.

  • WASHINGTON, April 4- Republican lawmakers said on Friday over regulation has prevented a shale oil boom in California and if eased, could boost production in the state and reduce its dependence on foreign energy.

  • WASHINGTON, April 2- House of Representatives Republican leaders on Wednesday predicted passage of a budget blueprint offered by Representative Paul Ryan, despite criticism from conservative Tea Party activists who said the plan would not eliminate federal deficits quickly enough.