Tag Archives: Export-Import Bank

Kimberly Reed Nominated Export-Import Bank President

Kimberly Reed, former president of the International Food Information Council Foundation, has been nominated by President Donald Trump to serve a four-year term as president of the Export-Import Bank. Prior to the foundation, Reed worked at the Treasury Department, where she led the Community Development Financial Institutions Fund and served …

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CBO: License Prohibition Bill for Export of Commercial Aircraft to Iran Would Increase Administrative Costs at Treasury, Export-Import Bank

The Congressional Budget Office has said a Senate bill that would require the Treasury Department and the Export-Import Bank to submit annual reports on the sale of commercial planes and aircraft parts to Iran would result in an increase in annual administrative costs at both institutions by less than $500,000. CBO said in …

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Senate OKs Bill to Reopen Ex-Im Bank, Replenish Highway Trust Fund

The Senate voted 83-16 Thursday to pass a $305 billion highway funding bill that includes a provision to reauthorize the Export-Import Bank, The Hill newspaper reported Thursday. Vicki Needham writes the Fixing America’s Surface Transportation Act, which was approved by the House in a 359-65 vote, now heads to the White …

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Stephanie Thum: Communication Key to Customer Relations Tool

Every enterprise needs a thoughtful communication plan that they should follow to help maintain client satisfaction during times of change, says Stephanie Thum, vice president of customer experience at Export-Import Bank. With managers being aware of the inevitability of reform, Thum notes in a Sept. 12 guest post on DigitalGov …

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House Seeks to Extend Export-Import Bank Authorization

A group of House lawmakers are pushing to re-authorize the Export-Import Bank‘s operations until early 2015, Politico reported Wednesday. John Bresnahan and Jake Sherman write that Speaker John Boehner (R-Ohio) and House Financial Services Chairman Jeb Hensarling (R-Texas) have agreed to work to renew the authorization of the international finance bank for a short …

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US Trade Rep Ron Kirk Stepping Down in February

U.S. Trade Representative Ron Kirk will step down from his position in late February after nearly four years at the helm, Reuters reports. The report lists Lael Brainard, treasury under secretary for international affairs, Francisco Sanchez, commerce secretary for international affairs, and Fred Hochberg, president of the U.S. Export-Import bank, …

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Obama Signs Export-Import Bank Reauthorization, Lending To Rise

President Obama has signed legislation to reauthorize the Export-Import Bank and raise its lending authority in order to increase U.S. exports and jobs, Bloomberg reports. Obama signed the bill Wednesday following Senate approval through a 78-20 vote on May 25 and a 330-93 House vote on May 9. The measure raises the …

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Obama Pursues Power to Consolidate Six Federal Agencies

On Friday, President Obama will ask Congress for the power to merge six federal trade and commerce agencies, the Wall Street Journal reports. The report says Obama will ask Congress for “reorganizational” power. The last president to have this power was Ronald Reagan. The new power would allow the president to …

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