Ex-Im Bank, Exporting Round-Up

May 1, 2012

U.S. exporting continues to garner attention inside the Beltway. Two developments of great interest to small- and mid-sized exporters: House Majority Leader Eric Cantor (R-Va.) and Minority Whip Steny Hoyer (D-Md.) are working on a deal to reauthorize U.S. Export-Import Bank (Ex-Im Bank); and the U.S. Small Business Administration (SBA)...

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Pressure Continues for Ex-Im Reauthorization

April 3, 2012

While Export-Import Bank of the U.S. (Ex-Im Bank) reauthorization continues to struggle to move forward by Congress, some lawmakers are starting to make moves in a positive direction calling for action on renewing the Bank’s charter. The Ex-Im Bank is an independent federal agency that helps create and maintain U.S....

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Efforts to Reauthorize Ex-Im Bank Fail in Senate

March 21, 2012

On Tuesday, an amendment was offered by Sens. Maria Cantwell (D-Wash.), Tim Johnson (D-S.D.), Lindsey Graham (R-S.C.) and Richard Shelby (R-Ala.) tothe Jump-Start Our Business Start-ups Act (H.R. 3606 or JOBS Act), which would reauthorize the Export-Import Bank of the U.S. (Ex-Im Bank) through September 30, 2015, and increases the cap—to $140 billion—on...

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JOBS Act, Ex-Im Reauth Topic of Hill Debates

March 14, 2012

Two critical pieces of legislation have been the center of debate on Capitol Hill in recent weeks, which could greatly bolster small-business access to capital. First, the House-passed Jumpstart Our Business Startups Act (JOBS Act) would expand and make more affordable small businesses’ ability to raise capital and second, lawmakers on both...

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Ex-Im Bank Reauthorization Update

February 29, 2012

The U.S. Export-Import Bank (Ex-Im Bank), a self-sustaining federal agency, is facing a looming deadline for their reauthorization. Unfortunately, Congress failed to enact a long-term reauthorization by Sept. 30, 2011 when its renewable charter expired and has since enacted two short-term extensions. The current extension is set to expire at...

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Exporting Round-Up

February 28, 2012

In this latest Exporting Roundup, NSBA and its international trade arm, the Small Business Exporters Association (SBEA) discuss President Barack Obama’s FY2013 budget proposal which seeks millions for a new trade enforcement center and more U.S. inspectors in China as the administration takes aim at unfair trade practices abroad. The...

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Small Business Urges Congress to Move on Ex-Im Reauthorization

February 14, 2012

On Tuesday, the National Small Business Association (NSBA) and its international trade arm, the Small Business Exporters Association (SBEA), sent a letter to House leadership urging their prompt action to reauthorize and increase the lending cap on the U.S. Export-Import Bank (Ex-Im Bank). Currently facing potential stoppages in financing small-business exporting, more...

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Exporting Roundup

December 20, 2011

2011 has been a very busy year in the world of exporting. Two key issues have been at the forefront of NSBA and SBEA’s efforts: reauthorizing the Export-Import Bank of the U.S. (Ex-Im Bank) to include strong small-business language and enactment of three Free Trade Agreements (FTAs). Additionally, Ex-Im Bank...

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Ex-Im Bank’s Short-Term Reauthorization

December 20, 2011

The Export-Import (Ex-Im) Bank of the U.S., an independent federal government agency, is the official export credit agency (ECA) of the U.S. It helps finance American exports of manufactured goods and services, with the objective of contributing to the employment of U.S. workers, primarily in circumstances when alternative financing is...

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