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McConnell disputes Cruz claims of 'special deal' on bank

4 years 3 weeks 3 days ago Sunday, July 26 2015 Jul 26, 2015 July 26, 2015 3:15 PM July 26, 2015 in News
Source: Associated Press

WASHINGTON - Senate Majority Leader Mitch McConnell says there's no "special deal" to allow a vote on reviving the federal Export-Import Bank. That's contrary to claims made by Republican Sen. Ted Cruz of Texas.

McConnell never mentioned Cruz's name as he opened a rare Sunday Senate session with a speech on the floor.

But he addressed accusations Cruz made in a blistering floor speech Friday. Cruz accused McConnell of making a deal to allow the Export-Import Bank to come to a vote, and of lying about it.

The little-known bank is a federal agency that helps foreign customers buy U.S. goods. Conservatives oppose it as corporate welfare and are trying to end it.

McConnell said that given support for the bank, no "special deal" is needed to bring it to a vote.

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