Sunday, March 06, 2016

This is the official website for the EXIM bank. It paints an interesting rosey picture.

Our office supports and keeps (click here) elected officials and their staff informed on how we support American jobs by financing U.S. exports. We also respond to Congressional concerns, and help elected officials educate their constituents on EXIM financing tools through hosting local events....

Shown Here:
Introduced in Senate (03/19/2015) (click here)

Export-Import Bank Reform and Reauthorization Act of 2015

This bill amends the Export-Import Bank Act of 1945 to reduce, for each of FY2015-FY2019, the authorized aggregate amount of loans, guarantees, and insurance the Export-Import Bank may have outstanding at any time.

The Bank shall build to and hold in reserve, to protect against future losses, at least 5% of its aggregate amount of disbursed and outstanding loans, guarantees, and insurance.
The Export-Import Bank Reauthorization Act of 2012 (EIBRA) is amended to require the Government Accountability Office's quadrennial review of the adequacy of the design and effectiveness of the Bank's fraud controls to include review of the Bank's compliance with these controls.
An Office of Ethics is established within the Bank to recommend administrative actions to establish or enforce standards of official conduct.
A Chief Risk Officer of the Bank is established to oversee all issues relating to risk within the Bank....

Sponsor is Mark Kirk a Republican from Illinois.

Co-sponsors

Sen. Heitkamp, Heidi [D-ND]*03/19/2015
Sen. Graham, Lindsey [R-SC]*03/19/2015
Sen. Manchin, Joe, III [D-WV]*03/19/2015
Sen. Blunt, Roy [R-MO]*03/19/2015
Sen. Donnelly, Joe [D-IN]*03/19/2015
Sen. Ayotte, Kelly [R-NH]*03/19/2015
Sen. Warner, Mark R. [D-VA]*03/19/2015