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Ex Im Bank

Manufacturing and Infrastructure: Now Is the Time to Act

Christian Caballero | Posted 04.30.2015 | Business
Christian Caballero

News that the U.S. economy grew at an anemic 0.2 percent (GDP) during the first quarter of 2015 should trigger a reaction by policymakers in Washington.

Private Banks Ditching Destructive Coal Investments, International Financial Institutions Need To Follow Suit

Nicole Ghio | Posted 04.13.2015 | Green
Nicole Ghio

Instead of trying to salvage the outdated, dangerous and economically risky coal sector, we should invest in the booming clean energy sector, where every dollar creates more jobs than that same dollar would in the fossil fuel sector.

U.S. And Australia Tell Ex-Im Bank: Don't Use U.S. Tax Dollars To Destroy The Great Barrier Reef

Nicole Ghio | Posted 04.13.2015 | Green
Nicole Ghio

Citibank, Deutsche Bank, Royal Bank of Scotland, HSBC, Barclays, Goldman Sachs, and JPMorgan Chase have all said they will not back the project, in part because it could jeopardize the Reef's World Heritage status, and in part because reports show the project is not financially viable.

Kate Sheppard

Congress Stuffed Some Coal In Its Omnibus Package

HuffingtonPost.com | Kate Sheppard | Posted 12.10.2014 | Politics

WASHINGTON –- The 1,000-page omnibus spending package released Tuesday night is reigniting a fight over rules for U.S. financing of coal plants abro...

Holiday Season Brings Big Developments for International Coal Financing

Justin Guay | Posted 02.01.2015 | Green
Justin Guay

While Japan and Ex-Im are considering pouring even more money into a coal industry that's on its last legs, all the signs show the smart money is going toward renewables. That's something to be thankful for.

Peabody Coal 'Campaign' Hopefully Won't Fool Congress

Doug Norlen | Posted 11.16.2014 | Green
Doug Norlen

This August a select number of Congressional offices working on international issues received an email from Advanced Energy for Life, a new PR entity extolling energy from coal. We, along with the Congressional staffers who told us about the mailing, gulped in amazement.

Zach Carter

Why The Top GOP Corporate Lobbying Group Is Fudging The Math To Help Democrats

HuffingtonPost.com | Zach Carter | Posted 09.11.2014 | Politics

WASHINGTON -- America's flagship corporate lobbying group seems to have a problem with math. The U.S. Chamber of Commerce is a reliable backer of t...

Left and Right Agree -- Let Ex-Im Expire

Ralph Nader | Posted 11.05.2014 | Politics
Ralph Nader

The function of Ex-Im is to subsidize businesses that export American products. The major problem with this agency comes from the fact that a big bulk of Ex-Im funds go to huge, wealthy companies, such as the Ex-Im's largest beneficiary Boeing, which in 2013 received 30 percent of its loans and guarantees.

The Impending Showdown

Chris Weigant | Posted 10.27.2014 | Politics
Chris Weigant

If Obama does announce immigration changes, Republicans may decide the issue is bigger than any competence issue, and go right ahead and shut the government down. But this doesn't automatically make the issue a winner for Democrats everywhere in the midterms, of course.

Joni Ernst Supports Government Agency Her Tea Party Backers Hate

The Huffington Post | Akbar Shahid Ahmed | Posted 08.20.2014 | Politics

Recent Democratic political messaging and a number of news reports have compared Iowa Republican Senate candidate Joni Ernst to tea party darling and ...

Subsidies for Big Business: Why Are We Doing This Again?

Mike Lux | Posted 10.14.2014 | Politics
Mike Lux

One area where a lot of us populist progressives agree with at least the rhetoric of the Tea Party is the issue of subsidies to big business. Case in point: the Export-Import Bank.

Zach Carter

Tea Party Leader Botches 'Socialistic' Op-Ed

HuffingtonPost.com | Zach Carter | Posted 08.13.2014 | Politics

WASHINGTON -- Congress is out of session, but the lobbying struggle over reauthorizing the Export-Import Bank is as hot as ever. On Monday, former Sen...

Zach Carter

Why Barney Frank Thinks Democrats Will Wrest Corporate America From The GOP

HuffingtonPost.com | Zach Carter | Posted 08.03.2014 | Politics

WASHINGTON -- Congressional battles over the Export-Import Bank and terrorism insurance are an opportunity for Democrats to win back corporate elites ...

President Obama: Be Even Bolder on Global Warming

Mike Lux | Posted 09.29.2014 | Politics
Mike Lux

The place he needs to start is to put a stop to the Keystone pipeline foolishness once and for all. This carbon-maximizing project that allows investors like the Koch brothers to make billions while screwing up the Canadian wilderness so that oil can be sold to China is a disaster in every way.

Ryan Hurls 'Crony Capitalism' Charge

Reuters | Posted 09.29.2014 | Politics

By David Lawder WASHINGTON, July 30 (Reuters) - Republican congressman Paul Ryan on Wednesday slammed the U.S. Export-Import Bank as a...

GOP Rep Hits Groups For Petitioning For 'Special Privilege'

Reuters | Posted 09.20.2014 | Politics

WASHINGTON, July 21 (Reuters) - A Republican House committee chairman scolded Boeing Co and a large U.S. trade group on Monday for lobbying to keep ...

Maxine Waters, Help Us Reform the Ex-Im Bank

Mike Lux | Posted 09.15.2014 | Politics
Mike Lux

Ex-Im has done some good things for the business community, it is true, and some of that has trickled down to some small businesses. But progressives like me have been raising concerns about Ex-Im for a while.

Kate Sheppard

Joe Manchin Intends To Block Anti-Coal Policy At Export-Import Bank

HuffingtonPost.com | Kate Sheppard | Posted 07.08.2014 | Politics

WASHINGTON -- Amid a vigorous congressional fight over funding for the U.S. Export-Import Bank, Sen. Joe Manchin (D-W.Va.) plans to raise another heat...

Tension Between Business Community, GOP Exposed

AP | ERICA WERNER | Posted 08.30.2014 | Politics

WASHINGTON (AP) — Traditional ties between the business community and the Republican Party are fraying on Capitol Hill, where the House GOP has buck...

Ideology Trumps Common Sense

Jerry Jasinowski | Posted 08.30.2014 | Business
Jerry Jasinowski

Conservatives in Congress can find other ways to express their ideology. Their opposition to the Ex-Im bank is irrational and contrary to our national interests. If Congress dumps the bank, it will be a major blow to manufacturing and to our economy.

Zach Carter

How A House Holy War Over 'Corporate Welfare' May Shut Down The Government

HuffingtonPost.com | Zach Carter | Posted 06.27.2014 | Politics

WASHINGTON -- Congress is gearing up for another government shutdown, this time over a minor federal agency that most Americans have never heard of: t...

New GOP Leader Won't Back Export-Import Bank Reauthorization

The Huffington Post | Mollie Reilly | Posted 06.23.2014 | Politics

Incoming House Majority Leader Kevin McCarthy (R-Calif.) said Sunday he will not support reauthorization of the Export-Import Bank's charter when it e...

U.S. Should Pull Funding From Exxon's Deadly Pipeline Project

Doug Norlen | Posted 07.02.2014 | Green
Doug Norlen

It's time for Hochberg to step up to the plate and to withdraw his agency's loan from ExxonMobil's deadly Papua New Guinea LNG project.

Let's Get to Work on the Export-Import Bank

Rep. Gwen Moore | Posted 04.08.2014 | Politics
Rep. Gwen Moore

House Republicans may have adopted an "everything but jobs" agenda, but my Democratic colleagues and I continue to push opportunities to support U.S. job creation.

Kate Sheppard

Another International Lender Pledges No More Coal

HuffingtonPost.com | Kate Sheppard | Posted 01.25.2014 | Politics

WASHINGTON -- The U.S. Export-Import Bank has joined the growing list of international financial institutions that will no longer finance coal project...