USTR nominee: 'awaiting instructions' from Trump on EXIM BankWASHINGTON (Reuters) - President Donald Trump’s nominee to be U.S. Trade Representative, Robert Lighthizer, said on Tuesday he is  “awaiting instructions” from Trump on whether to support a restoration of the Export-Import Bank’s full lending powers. The U.S. government trade bank’s loans have been capped at $10 million for more than a year because it has too few board members, with Republican opponents to the bank blocking recent nominees. The cap means that EXIM cannot finance the largest export U.S. products such as Boeing Co aircraft or Westinghouse nuclear reactors. Asked by Senator Maria Cantwell at his confirmation hearing whether he supports nominating new board members at the bank as part of a broad trade strategy aimed at reducing U.S. trade deficits and boosting exports, Lighthizer said that decision would ultimately be up to Trump. “I expect to do what the president instructs me to do when he instructs me to do it,” said Lighthizer, a former USTR deputy in the Reagan administration and a steel industry trade lawyer. Conservative Republicans in Congress have tried to kill EXIM because they view it as providing unnecessary “corporate welfare” and putting U.S. taxpayers at risk for foreign projects.   politicsNews
user nominee instructions trump exit bankwashington reuters president donald trump nominee trade representative robert lighthizer said tuesday awaiting instructions trump whether support restoration bank full lending powers the government trade bank loans capped million year board members republican opponents bank blocking recent nominees the cap means exit finance largest export products boeing co aircraft westinghouse nuclear reactors asked senator maria cantwell confirmation hearing whether supports nominating new board members bank part broad trade strategy aimed reducing trade deficits boosting exports lighthizer said decision would ultimately trump i expect president instructs instructs said lighthizer former user deputy reagan administration steel industry trade lawyer conservative republicans congress tried kill exit view providing unnecessary corporate welfare putting taxpayers risk foreign projects politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: USTR nominee: 'awaiting instructions' from Trump on EXIM BankWASHINGTON (Reuters) - President Donald Trump’s nominee to be U.S. Trade Representative, Robert Lighthizer, said on Tuesday he is  “awaiting instructions” from Trump on whether to support a restoration of the Export-Import Bank’s full lending powers. The U.S. government trade bank’s loans have been capped at $10 million for more than a year because it has too few board members, with Republican opponents to the bank blocking recent nominees. The cap means that EXIM cannot finance the largest export U.S. products such as Boeing Co aircraft or Westinghouse nuclear reactors. Asked by Senator Maria Cantwell at his confirmation hearing whether he supports nominating new board members at the bank as part of a broad trade strategy aimed at reducing U.S. trade deficits and boosting exports, Lighthizer said that decision would ultimately be up to Trump. “I expect to do what the president instructs me to do when he instructs me to do it,” said Lighthizer, a former USTR deputy in the Reagan administration and a steel industry trade lawyer. Conservative Republicans in Congress have tried to kill EXIM because they view it as providing unnecessary “corporate welfare” and putting U.S. taxpayers at risk for foreign projects.   politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: user nominee instructions trump exit bankwashington reuters president donald trump nominee trade representative robert lighthizer said tuesday awaiting instructions trump whether support restoration bank full lending powers the government trade bank loans capped million year board members republican opponents bank blocking recent nominees the cap means exit finance largest export products boeing co aircraft westinghouse nuclear reactors asked senator maria cantwell confirmation hearing whether supports nominating new board members bank part broad trade strategy aimed reducing trade deficits boosting exports lighthizer said decision would ultimately trump i expect president instructs instructs said lighthizer former user deputy reagan administration steel industry trade lawyer conservative republicans congress tried kill exit view providing unnecessary corporate welfare putting taxpayers risk foreign projects politicsnews