U.S. Chamber: Commentary, Op-eds, and Blogs on the Export-Import Bank of the United States in June 2015
Additional information is available at www.uschamber.com/ex-im
June 29, 2015, 11:00 am— Written by John G. Murphy
I appreciated the opportunity to testify earlier this month before the House Financial Services Committee on the value of the U.S. Export-Import Bank (Ex-Im). While Chairman Jeb Hensarling (R-Texas) and some others on the committee made explicit their opposition to renewing Ex-Im’s charter, it was striking that no one was able to rebut my arguments about the indispensable role the bank plays in specific circumstances.
Friday, June 26, 2015 – 9:00am — Written by John G. Murphy
In a hearing of the House Financial Services Committee earlier this month on the future of the U.S. Export-Import Bank (Ex-Im), a number of conservative lawmakers made reference to “What is Seen and What is Unseen,” an essay by the 19th century French political economist Frederic Bastiat. While they were attempting to draw attention to Ex-Im’s supposed unwitting victims, one of the bank’s unwitting beneficiaries made a surprise appearance as a witness.
Wednesday, June 24, 2015 – 5:00pm — Written by Stefanie Holland
The fight over the future of the U.S. Export-Import Bank (Ex-Im) is about to get real. Ex-Im’s charter will expire on Tuesday, after which it will no longer be able to provide loans or guarantees to U.S. exporters. Meanwhile, American jobs hang in the balance.
Thursday, June 4, 2015 – 4:45pm — Written by J.D. Harrison
It’s said that everything is bigger in Texas — and that’s certainly true of the stakes in the fight over the Export-Import Bank (Ex-Im). More than 1,000 companies in the Lone Star state rely on the federal export credit agency to help finance billions in international sales and support thousands of American jobs, according to Reuters. Why, then, are some of the loudest voices calling for eliminating the bank coming from those elected to represent Texas’s interests in Washington?
Tuesday, June 2, 2015 – 4:30pm — Written by J.D. Harrison
Michael De Camp’s international customers consistently paid for orders on time, yet local banks weren’t willing to extend his company a loan against his foreign, uninsured orders. Consequently, De Camp’s small business — Eagle Labs of Rancho Cucamonga, California, which makes surgical equipment to repair cataracts and correct vision — couldn’t get the capital it needed to expand its business and create new jobs.