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Export Import Bank

The Export-Import Bank Provision That Could Be A Problem In Government Funding Negotiations

The Huffington Post | Matt Fuller | Posted 09.16.2016 | Home

WASHINGTON ― Thirty-six conservative advocacy groups warned on Friday that a potential Export-Import Bank provision in the upcoming bill to keep the...

Koch Funded Group: 'Bernie Sanders Is Right'

The Huffington Post | Christina Wilkie | Posted 03.09.2016 | Home

Sen. Bernie Sanders (I-Vt.) received a nod Wednesday from an unlikely source: Freedom Partners, a political nonprofit with close ties to billionaire c...

Iowa, New Hampshire and the Disembodiment of American Foreign Policy

Edward Goldberg | Posted 01.17.2017 | Home
Edward Goldberg

The American primary system for the nomination of presidential and congressional candidates, a system never mentioned in the constitution, has allowed populist anger to be exploited into a veto on foreign policy. Primaries, as they have evolved with the assistance of social media, have become an exercise that grants extraordinary electoral power to the dissatisfied and to the extremes.

House Republicans Join Democrats In Taking First Step Toward Renewing Export-Import Bank

Reuters | Marina Fang | Posted 01.03.2017 | Home

WASHINGTON, Oct 26 (Reuters) - The dormant U.S. Export-Import bank moved a step closer to revival on Monday as Republicans and Democrats approved a ra...

A Dangerous Precedent, an Act of Desperation in the Ex-IM Bank Saga

Ken Blackwell | Posted 10.15.2016 | Home
Ken Blackwell

A discharge petition is generally a tool used by the minority to usurp control of the House floor from the majority. This is a pretty brazen move for the Republicans who signed on, as it essentially cedes control of the House floor to the Democrats. It's also an historical move.

Getting the Export-Import Bank to Pay Dividends

Dean Baker | Posted 10.12.2016 | Home
Dean Baker

Those of us who don't think it's the best use of government money to give subsidized loans to some of the largest companies in the world have to recognize political reality. With enough campaign contributions on the table, Congress will eventually vote to approve the money.

The Republican Leadership Crisis May Have Just Saved The Export-Import Bank

The Huffington Post | Ben Walsh | Posted 10.10.2015 | Home

The Republican House leadership crisis and a seldom-used congressional procedure may bring the newly controversial and recently expired Export-Import ...

Obama Unhappy With Congress Over Export-Import Bank & Budget

GVH Live | Posted 08.28.2016 | Home
GVH Live

While Congress is in the middle of its summer recess, President Obama expressed his displeasure with Congress's failure to reauthorize the Export-Import Bank as well as pass a balanced budget. Obama believes their inaction has negatively impacted American jobs and the economy.

GOP Economics: Export American Jobs Rather Than American Products

Rep. John Conyers | Posted 07.28.2016 | Home
Rep. John Conyers

While quite a bit has changed in the 81 years since Franklin Roosevelt launched the Export-Import Bank, one fact remains the same: America needs a coherent national economic strategy focused on raising wages and living standards.

Senate GOP Leaders Want To Put Ted Cruz In A Time Out

The Huffington Post | Laura Barron-Lopez | Posted 07.27.2015 | Home

WASHINGTON -- Senate Republican leaders spent a rare Sunday session scolding Ted Cruz. The leaders wagged their fingers at the younger senator, accusi...

Ted Cruz Blasts Big Money In Politics

The Huffington Post | Paul Blumenthal | Posted 07.24.2015 | Home

WASHINGTON -- Sen. Ted Cruz (R-Texas) launched into a tirade on the corrupting role of lobbyists and campaign contributions in Washington during a Sen...

The Top 10 Things Everyone Should Know About The Export-Import Bank

Rep. Carolyn Maloney | Posted 07.23.2016 | Home
Rep. Carolyn Maloney

Republican Senator Ted Cruz and his colleagues on the far right called their successful efforts to block renewal of the charter of the U.S. Export-Import Bank an "important victory." Unfortunately, their "victory" may cost many Americans their jobs.

Bury the Export-Import Bank: Reduce Federal Liabilities, Increase Economic Fairness

Doug Bandow | Posted 07.22.2016 | Home
Doug Bandow

The Export-Import Bank died when its charter expired at the end of June. After 81 years, what is commonly known as Boeing's Bank headed toward Washington's trash bin.

The Mercantilists Are Marching Onto War

Steve H. Hanke | Posted 06.18.2016 | Home
Steve H. Hanke

Recently, Senator Graham mounted a counter attack on fellow Republicans who opposed the reauthorization of the Export-Import Bank. Indeed, the Senator said "...I'm not going to unilaterally disarm." Yes, it is clear that the senator has mounted a surge.

Rick Perry Is Right: Kill the Export-Import Bank and Cut Corporate Taxes

Steve H. Hanke | Posted 06.04.2016 | Home
Steve H. Hanke

The Export-Import Bank (Ex-Im) provides financing and loan guarantees at below-market rates to foreign purchasers looking to buy products from American exporters. For example, if Emirates Air wants to buy planes from Boeing, Ex-Im can provide a loan guarantee, reducing the interest rate Emirates will pay and thus incentivizing Emirates to buy from Boeing rather than Airbus.

Laura Barron-Lopez

Boehner Won't Commit To Vote On Ex-Im Bank Reauthorization | Laura Barron-Lopez | Posted 05.21.2015 | Home

WASHINGTON -- Sen. Maria Cantwell (D-Wash.) may have just secured a vote to reauthorize the Export-Import Bank in the Senate after haggling with Repub...

Laura Barron-Lopez

Boehner Warns 'Thousands Of Jobs' On The Line If Ex-Im Bank Expires | Laura Barron-Lopez | Posted 04.30.2015 | Home

WASHINGTON -- House Speaker John Boehner (R-Ohio) said on Thursday that “thousands of jobs” are at risk if one of his own party members does nothi...

Kate Sheppard

Congress Stuffed Some Coal In Its Omnibus Package | Kate Sheppard | Posted 12.10.2014 | Home

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...

Are U.S. Taxpayer Dollars Supporting Coal Industry Human Rights Violations Overseas?

Justin Guay | Posted 02.09.2015 | Home
Justin Guay

For years, reports of human rights, indigenous rights, labor, and environmental violations have plagued Sasan and its owner, Indian company Reliance Power, and the U.S. government are partly to blame.

Will the Export-Import Bank's Office of the Inspector General Ignore Human Rights Violations?

Justin Guay | Posted 02.09.2015 | Home
Justin Guay

Sudarshan Rajak disappeared under suspicious circumstances after protesting the relocation of families for Reliance Power's 4,000-megawatt Sasan coal project in Singrauli, India.

Boeing: Taking Taxpayer Dollars and Breaking Promises

Mike Lux | Posted 12.14.2014 | Home
Mike Lux

From taking our federal tax dollars so that they can cut deals with bad actors overseas to making promises to the people of Washington State which they break in less than a year, Boeing has become a worse and worse company -- and you and I as American taxpayers are subsidizing them.

On National Manufacturing Day, Congress Must Recommit Itself to Investing in a Strong Manufacturing Future

Rep. Steny Hoyer | Posted 12.03.2014 | Home
Rep. Steny Hoyer

Americans ought to be filled with pride in our role as the world's manufacturing leader. But we cannot take that leadership for granted, as our competitors across the globe seek to lure manufacturing jobs away from our shores.

Peabody Coal 'Campaign' Hopefully Won't Fool Congress

Doug Norlen | Posted 11.16.2014 | Home
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 | Zach Carter | Posted 09.11.2014 | Home

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...

What Is the Ex-Im Bank Hiding?

Ken Blackwell | Posted 11.08.2014 | Home
Ken Blackwell

It seems the Export-Import Bank of the United States is once again putting up walls to keep the duly-elected representatives of the American people from getting a look at their inner workings.