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The Export Import Bank of the United States (EXIM) issued its 2020 annual report highlighting EXIM’s results and priority initiatives in its mission to support American jobs by...
To embed, copy and paste the code into your website or blog: For several years, until May 2019, the Export-Import Bank of the United States (Ex-Im Bank) lacked sufficient directors to field a quorum for approval of any new commitments for transactions other than to approve short-term to medium-term transactions (i.e., those with terms of seven years or less) up to $10 million, which in turn effectively rendered long-term financings of high value equipment impossible. (For additional context, see Holland & Knight's previous alert, "President Trump, the Ex-Im Bank and Aircraft Finance," Jan. 20...
Readout from EXIM Chairman Kimberly Reed’s Call with U.S. Ambassador to Ghana Stephanie S. Sullivan 22nd Dec 2020 | Source: EXIM Chairman Reed and U.S. Ambassador Sullivan take a break from the White House Christmas party and an event in Ghana to have their Friday phone call meeting. President and Chairman of the Export-Import Bank of the United States (EXIM) Kimberly A. Reed on Friday spoke with U.S. Ambassador Extraordinary and Plenipotentiary to the Republic of Ghana Stephanie S. Sullivan regarding EXIM’s role in supporting U.S. exports to Ghana and throughout sub-Saharan ...
xxx 2:00 pm, Dec. 20, 2020 × Sen. Kevin Cramer (R-N.D.) One year ago, under President Trump’s leadership, Congress came together across party lines to re-authorize the Export-Import Bank of the United States, our nation’s export credit agency. As our great economic resurgence continues and American companies battle the setbacks caused by COVID-19, that decision looks even better. Exports are critical for our country, especially in states across the heartland. North Dakota, for example, sold $6.7 billion in goods abroad last year. Exports account for a sizable share of the state...
(Dan Koeck/Reuters) You know that something doesn’t smell quite right when politicians and political appointees write a fluff piece about how great they are doing but fail to give any concrete examples and only repeat tired and debunked talking points. That what North Dakota senator Kevin Cramer and outgoing Export-Import Bank chair Kimberly Reed have done today in In the piece, they do what Reed has been doing for about a year: remind us that when Ex-Im was reauthorized in December 2019, the agency was given a mandate to focus on fighting China. See: The reauthorization legislation also t...