Export Import Bank News

Airbus Looks to Insurers to Fill Export Trade Funding Gap After Europe’s Freeze

Airbus said on Monday it is working with private insurance firms and banks to help fill a two-year gap in trade funding left by a European freeze on government export credits, but expects limited public financing to resume soon. Airbus …

Huge Highway Bill Includes Safety, Trucking, Rail, Ex-Im Bank Provisions

U.S House and Senate lawmakers reached agreement on Tuesday on a $305 billion, five-year transportation bill that would revive the politically embattled Export-Import Bank while funding roads, bridges and mass transit. The legislation, which has support from leading Republicans and …

House May Attempt to Revive Export-Import Bank

U.S. lawmakers will begin voting on Monday on legislation to revive the shuttered Export-Import Bank, a spokeswoman for a leading Republican backer of the bank said on Friday. A so-called “discharge petition,” a procedural maneuver that has been successful only …

Senate Moves Export/Import Bank Renewal with Transportation Funding

The Senate advanced a proposal to extend the U.S. Export-Import Bank’s charter as part of legislation to finance highways and mass transit for three years. The 67-26 vote during an unusual Sunday session moves forward the Senate’s effort to pass …

Congress Leaves Export-Import Bank Facing Lending, Insurance Lapse

The U.S. Export-Import Bank faced an imminent shutdown of its new lending and insurance activities as lawmakers left Washington on Thursday for an 11-day break without renewing the trade lender’s charter. Ex-Im’s authority to make new loans or write new …

Lawmakers Revive Export-Import Bank Legislation

A group of U.S. Republican lawmakers introduced a bill on Wednesday to extend the term of the U.S. export credit agency for five years past its current June deadline. The Export-Import Bank, which provides support to U.S. exporters and the …

Republicans Restart Battle Over Export-Import Bank

Republican critics of the U.S. Export-Import Bank moved on Friday to force the export lender to reveal full details of board discussions about potential deals, restarting a battle over the bank’s long-term future. Darrell Issa, chairman of the House of …

Export-Import Bank Short-Term Extension Looking Likely

The U.S. Export-Import Bank is likely to have its charter renewed through mid-2015 this week, even though lawmakers in both parties said on Tuesday they see the extension as a second-best solution. Most Republicans said they would support an extension …

Is There a House Republican Deal on Export-Import Bank, Terrorism Insurance?

Representative Jeb Hensarling, a Texas Republican who has been a key opponent of the U.S. Export-Import Bank, now supports a short-term extension of the bank’s mandate, opening the door to a temporary reprieve for the export lender, House of Representatives …

House Republicans Eye Short-Term Renewal of Export-Import Bank

House Republican leaders are considering a short-term extension of the 80-year-old U.S. Export-Import Bank that is set to expire this month, a party aide said. An extension of several months is being discussed, said the Republican aide, who asked not …