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August 8th, 2008
Congress Fails to Renew Key International Program for Small Business
...companies in international trade. OPIC’s authority to finance international transactions expired in April. With the additional delay caused by Congressional inaction, the agency is no longer able to finance new...


June 30th, 2011
Trade Deals Find Momentum in Congress
...with votes likely to come before Congress leaves for its August recess. Senate Finance Committee Ranking Member Orin Hatch (R-Utah) stated the panel will begin its work on the three...


February 16th, 2011
U.S. – Korea Trade Agreement Headed to Congress
...early December to salvage the original agreement, which was signed in June 2007. According to Kirk—at a recent Congressional hearing—President Barack Obama will submit the U.S.-Korea Free Trade Agreement (KORUS)...


October 18th, 2017
NAFTA Renegotiations Update
...have 62.5 percent North American content to be duty-free, but it can come from any of the three countries. Further, disagreements over U.S.-backed changes to the trade deal’s dispute settlement systems...


November 20th, 2019
House passes Ex-Im Bank Reauthorization Bill
...of 2019, passed by a vote of 235 to 184, with only 13 Republicans supporting the measure. The bill now heads to the Republican-controlled Senate, where Senate Majority Leader Mitch McConnell...


July 1st, 2015
Ex-Im Bank’s Charter Expires
...off employees, hurt U.S. jobs and will ultimately cost hundreds of millions of dollars in lost overseas contracts, making American companies less globally competitive. Without it, small businesses are at...


July 16th, 2014
Ex-Im Reauthorization Remains in Jeopardy
...is set to expire on Sept. 30, and its reauthorization is subject to intense debate. Ex-Im Bank, a self-sustaining federal agency, is the official export credit agency (ECA) of the...


July 23rd, 2014
70 Days Until Ex-Im Bank Expires, No Closer to Action
...(Calif.), Financial Services Committee Chairman Jeb Hensarling (Texas), and Budget Committee Chairman Paul Ryan (Wis.), all who have said the Bank picks winners and losers in the private sector and...


December 4th, 2018
U.S. Signs New Trade Deal with Mexico and Canada
...backdrop of the G-20 Summit to resolve a trade dispute between the U.S. and its closest neighbors. The USMCA replaces the North American Free Trade Agreement (NAFTA), which had created a free...


December 5th, 2010
Ex-Im Small Biz Global Access Program
...access global markets. In recent months, Ex-Im has invigorated their commitment to helping smaller businesses through the Small Business Global Access initiative. “Jobs supported by exports are the most durable...