Latest News
October 13, 2014
Ex-Im Returns $675 Million to Treasury
On Oct. 9, the Export-Import Bank of the U.S. (Ex-Im Bank) announced that it transferred $675 million in deficit-reducing receipts to the U.S. Treasury's General Fund for fiscal year (FY) 2014.
October 8, 2014
SBA Announces STEP Awardees
The U.S. Small Business Administration (SBA) recently announced that 24 states will receive awards to support activities to increase exporting by small businesses. The State Trade and Export Promotion (STEP) program for fiscal year (FY) 2014 was funded $8 million to award by Sept. 30, 2014. This concludes the third round of awards in which [Read More]
October 8, 2014
U.S. Exports Reach a Record High
On Friday Oct. 3, the Export-Import Bank of the U.S. (Ex-Im Bank) Chairman Fred P. Hochberg issued a statement in response to the newly released export data from the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department. According to the BEA, U.S. exports reached $198.5 billion of goods and services in August 2014, [Read More]
September 10, 2014
Ex-Im Reauthorization Included in CR
With only 21 days left until the Export-Import Bank of the U.S. (Ex-Im) charter expires, House Republican leaders are considering extending the Bank’s charter through June 2015. Ex-Im was last reauthorized in May 2012, and the Bank’s current charter expires on Sept. 30. Ex-Im is an independent federal agency that helps create and maintain U.S. jobs by [Read More]
September 10, 2014
Lawmakers Focus on Continuing Resolution
Congress returned Monday from August recess with a list of must-pass items to address before they depart for midterm elections. Facing yet another looming deadline, Congress has less than ten legislative days before current government funds run out on Sept. 30. One of Congress’ top priorities this week is to pass a continuing resolution (CR) [Read More]
September 6, 2014
SBEA Urges Funding for STEP Program
SBEA sent a letter encouraging the appropriation of necessary funds for the extension of the State Trade and Export Promotion (STEP) program.
September 4, 2014
Congress Returns with a Full Legislative Plate
Neither the House nor the Senate are in session this week, however, both will return next week to finish out the last few “must-pass” pieces of legislation before the midterm elections in November. Congress will only be in for two weeks in September, and it is expected that leaders in both chambers will attempt to [Read More]
August 6, 2014
The Atlantic Council: TTIP and SME Survey
As negotiations toward an ambitious Transatlantic Trade and Investment Partnership (TTIP) move forward, the Atlantic Council, a nonpartisan policy research organization based in Washington, D.C., is conducting research on the prospective impact of this agreement on small and medium-sized enterprises (SMEs), in both the U.S. and European Union. The Atlantic Council’s Global Business and Economics Program [Read More]
July 30, 2014
Congress No Closer to Ex-Im Reauthorization
With only a few days left before the August Congressional recess, it is looking more likely that the fate of the reauthorization of the charter of the Export-Import Bank (Ex-Im Bank) will not be determined until the 11th hour in September. The Bank helps finance American exports of manufactured goods and services, with the objective [Read More]
July 23, 2014
