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Export-Import Bank

(Daily News)
September 15, 2016

The Obama administration will push to include in a short-term government funding measure a temporary change to the Export-Import Bank's quorum requirements that would allow the bank to authorize transactions over $10 million while only two individuals serve on the board of directors. Currently, three members are necessary to form a quorum required to authorize such transactions.

(Daily News)
September 13, 2016

Congress is running out of legislative days to address a number of outstanding trade-related bills and amendments, making it uncertain whether they will be addressed this year – including measures to restore the Export-Import Bank to full operating capacity, lift a provision of the Cuban trade embargo and compel the Defense Department to outfit military recruits with U.S.-made athletic shoes.

(In Trade)
September 12, 2016

“As associations representing millions of businesses, we urge you to move forward legislation that will enable Ex-Im to act on all transactions to boost America’s ability to compete.”

(Daily News)
August 19, 2016

As a September technical meeting of Wassenaar export control group countries draws closer, sources believe members of the arms control organization will coalesce around language narrowing the scope of a specific technology control stemming from the 2013 definition of “intrusion software” that has drawn the ire of the U.S. cybersecurity industry.

(Daily News)
August 10, 2016

A fundamental rewrite of the 2013 Wassenaar definition of “intrusion software” is unlikely to occur at the export control group's upcoming December plenary, despite concerted efforts by the U.S. government and cybersecurity industry to convince other governments party to the arrangement that redefining the term is necessary for robust cybersecurity research to continue, multiple private-sector sources told Inside U.S. Trade this week.

(Daily News)
August 08, 2016

The Commerce Department's Bureau of Industry and Security along with the State Department's Directorate of Defense Trade Controls in late July respectively issued final rules implementing export control reforms regarding two munitions list categories covering toxicological agents and directed energy weapons.

(Daily News)
April 11, 2016

Despite the opposition of a key Senate Republican, Export-Import Bank Chairman Fred Hochberg is still optimistic about the chances for the Senate to approve President Obama's pick to serve on the bank's board, citing inroads the nominee has made with members of the Senate Banking Committee and a new public push by U.S. companies.

(Daily News)
April 06, 2016

Senate Banking Committee Chairman Richard Shelby (R-AL) said this week he is not inclined to have his committee consider President Obama's nominee to fill a Republican seat on the board of the Export-Import Bank, but would not rule it out. 

(Daily News)
March 07, 2016

At the Democratic presidential candidates' debate Sunday night (March 7) in Michigan, Bernie Sanders continued to draw a distinction between his longstanding opposition to trade deals and Hillary Clinton's mixed record, which she deflected in part by highlighting Sanders's opposition to the Export-Import Bank and claiming the state gained manufacturing jobs during her husband's administration from 1993-2001.