2014's sleeper issue: A bank nobody's heard of

Eric Bradner Politico 7/13/2014

The 2014 campaign season’s got a sleeper issue: a government bank most people have never heard of.

The Export-Import Bank, a federal entity that has handed out loans to American businesses in relative obscurity for years, is suddenly a political flashpoint — either a symbol of government-sponsored corporate welfare, as some […]

July 21st, 2014 | Tags: , , , , , , , , , , , , , | Category: Banking and finance, Barack Obama, China, Politicians, Russia, Taxes, Tea Parties | Comments are closed

Export-Import Bank Didn’t Make 2012 Reforms Ordered by Congress

Melissa Quinn The Daily Signal 7/7/2014

“Reauthorize with reforms.” That’s the new mantra from supporters of renewing the charter of the Export-Import Bank.

But a review of reforms that Congress ordered the bank to make during the last reauthorization fight shows the agency has done little to remedy issues identified by the lawmakers in 2012.

[…]

July 8th, 2014 | Tags: , , , , , | Category: Banking and finance, Barack Obama, Congress, legislation | Comments are closed

US Export Import Bank to loan Colombian oil refinery $2.84 billion

Carol Greenberg Conservative Outlooks 4/19/2011

…the US Export-Import Bank is also “committed” with Cartagena and Colombia because they have agreed to loan Reficar $2.84 billion dollars:

“Colombia is one of the nine countries in the world that Ex-Im Bank has identified as having the greatest potential for U.S. exporters and their workers,” said Fred P. […]

April 20th, 2011 | Tags: , , , , , , , | Category: Banking and finance, Congress, Energy, South America, Taxes | Comments are closed

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