Washington, D.C. (Ex-Im Bank PR) – President Donald J. Trump signed legislation today that reauthorized the Export-Import Bank of the United States (EXIM) for a historic length of seven years. The bipartisan legislation approved by Congress achieved two important goals: providing certainty to American businesses and workers that EXIM is fully open for business, and giving clear direction to focus on the economic and national security challenges from China.
“I thank President Trump for making history today by signing into law the longest reauthorization of EXIM in the agency’s 85-year history,” said EXIM President and Chairman Kimberly A. Reed. “The legislation signed into law by the President also directs EXIM to focus on the important economic and national security challenges posed by China, which at my direction, EXIM has prioritized since my confirmation in May. I am proud to have the support of President Trump and Congress in this undertaking.”(more…)