Ex-Im Bank annual report shows increase in activity in 2019

The Export-Import Bank authorized about $4.9 billion more for U.S. export support in fiscal year 2019 than it did in fiscal year 2018, it states in its new annual report to Congress . For the first eight months of the FY2019, and for several years before that, the Ex-Im Bank board was operating without a quorum because Congress would not approve nominees. That kept it from issuing loans worth more than $10 million, as well as from making new policies...