WASHINGTON (Reuters) - U.S. Senator Ted Cruz, a Republican presidential candidate, on Wednesday called a new deal reached by lawmakers to reauthorize the Export-Import Bank a “mistake.”
Congressional negotiators on Tuesday reached a deal to renew the export lender’s charter as part of a broader transportation funding bill. “I don’t think we can be credible until we’re willing to take on corporate welfare,” Cruz said.
Reporting by Emily Stephenson; Editing by Eric Beech