Ex-Im Bank has authority to support SMEs
and transactions less than $10 million.
The Coalition for Employment through Exports (CEE) comments on timely issues involving the U.S. export promotion programs, including U.S. export and development finance.
Small businesses and mid-market companies benefit from U.S. government export and development finance, enabling them to expand their business and support more U.S. Jobs.
As competitor Export Credit Agencies (ECAs) become more aggressive in support of their country’s exports, Ex-Im Bank needs to remain competitive to maintain a level playing field for U.S. exporters.
CEE represents the business community on export finance issues including environmental concerns such as ECA support for coal fired power generation and the rail sector.
President Donald J. Trump today announced his intent to nominate the following key additions to his Administration:
Scott Garrett of New Jersey to be President of the Export-Import Bank for a term of four years expiring January 20, 2021. Mr. Garrett served in the United States House of Representatives from 2003 to 2015. Prior to serving in the House, Mr. Garrett was a New Jersey State Representative from 1992 to 2003. He holds Bachelor of Arts in Political Science from Montclair University and a Juris Doctor from Rutgers Law School.
Spencer T. Bachus III of Alabama, to be a Member of the Board of Directors of the Export-Import Bank for a term of four years expiring January 20, 2019. Mr. Bachus is a Member of Bachus and Broom, LLC. He served in the United States House of Representatives from 1993 to 2015. Mr. Bachus holds a Bachelor of Arts from Auburn University and a Juris Doctor from the University of Alabama School of Law.
Trump picks critic of Ex-Im Bank to lead it
President Donald Trump on Friday announced his intent to nominate former Rep. Scott Garrett, a Republican from New Jersey, for president of the Export-Import Bank.
NFTC, CEE Release Comparative ECA Finance Graph
The National Foreign Trade Council (NFTC) and the Coalition for Employment through Exports (CEE) today released a 'Comparative ECA Finance Graph,' comparing export credit agency (ECA) and market windows financing provided by major exporting countries in 2015 in support of their national exporters.