On June 27, 2019, the Senate Banking Committee met in an open session to conduct a hearing on the Oversight and Reauthorization of the Export-Import Bank of the United States.
The Honorable Kimberly Reed, President and Chairman of the Board of Directors of the Export-Import Bank of the United States offered testimony. BAFT has issued a Statement for the Record urging for the committee to move swiftly to pass a long-term reauthorization, prevent unnecessary disruptions to its activities by permanently resolving the quorum issue; increase EXIM’s statutory lending authority to align with market demands, and avoid unnecessary administrative roadblocks that will negatively affect the competitiveness of U.S. companies.
Read the Statement for the Record here. For additional information, please email [email protected].