TPACmuse · @TPACmuse
2nd May 2016 from TwitLonger
EX-IM Bank….So What Happens Now?
As you know TPAC has made application to EX-IM bank for a $50M LOI.
As of last week, EX-IM Bank came under fire by Senator Richard Shelby (R. Ala), chairman of the Senate Banking Committee.
Senator Shelby is holding up the Ex-Im Bank nominations for the board of directors (http://www.nasdaq.com/article/exim-bank-faces-new-hurdle-in-congress-over-board-nominees-20160428-00154 ).
The question many of you may ask, how does this affect TPAC?
USA FR will continue to monitor daily progress of EX-IM Bank and let the application go through the process.
As far as new business, TPAC is moving forward.