The Export-Import Bank is Virginia’s economic growth engine

With the Port of Virginia in Hampton Roads being the third-busiest port on the East Coast, Virginia plays an integral role in our country’s exporting economy. Our Virginia ports are valuable assets that enable exporters in a variety of industries from across the commonwealth and Mid-Atlantic to ship goods to overseas buyers competing in the global marketplace. Just as our ports facilitate the physical transfer of goods from the United States abroad, the U.S. Export-Import Bank facilitates the financing necessary for domestic and Virginia firms to succeed abroad.

Read more...

Allen: Reagan’s Ex-Im Bank reforms still paying dividends

President Reagan was one of our country’s greatest leaders because he valued fair opportunities for the American people over political manipulations that waste taxpayer money.

The “Great Communicator” listened and connected with Americans and then acted in the best interest of our nation. This is why Reagan and presidents from both parties have shown strong support for the Export-Import (Ex-Im) Bank. The Ex-Im Bank’s charter has been reauthorized every term since its inception in 1934.

Read more...