Difference between revisions of "EXIM"

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#REDIRECT[[Export–Import Bank of the United States]]
|wikipedia=https://en.wikipedia.org/wiki/Export-Import_Bank_of_the_United_States
 
|logo=Export-Import Bank of the United States.svg
 
|headquarters=Lafayette Building, Washington, D.C.
 
|website=http://www.exim.gov
 
|num_staff=402
 
|leaders=Export-Import Bank of the United States/President, Export-Import Bank of the United States/Chairman
 
|abbreviation=EXIM
 
|description=A spooky bank
 
|constitutes=bank
 
|sourcewatch=http://www.sourcewatch.org/index.php/Export-Import_Bank_of_the_United_States
 
}}The '''Export–Import Bank of the United States''' (abbreviated as '''EXIM''' or the Bank) is the official [[export credit agency]] (ECA) of the [[United States federal government]].<ref name="CRS_2016_EXIM_FAQ">{{cite report |url=https://fas.org/sgp/crs/misc/R43671.pdf |format=PDF |title=Export-Import Bank: Frequently Asked Questions |work=[[Congressional Research Service]] |authors=Shayerah Ilias Akhtar, David H. Carpenter, Grant A. Driessen, and Julia Taylor|date=April 13, 2016 |accessdate=April 21, 2017 |pages=72}}</ref><ref>{{cite web |publisher=Export–Import Bank of the United States |url=http://www.exim.gov/newsandevents/the-facts-about-ex-im-bank.cfm |title=The Facts about EXIM |deadurl=no |accessdate=August 7, 2013}}</ref> Operating as a wholly owned federal [[government corporation]],<ref name="CRS_2016_EXIM_FAQ" /> the Bank "assists in financing and facilitating U.S. exports of goods and services".<ref name="CRS_2016_EXIM_FAQ" /> Under its charter, the Bank does not compete with private sector lenders, but rather provides financing for transactions that would otherwise not occur because commercial lenders are either unable or unwilling to accept the political or commercial risks inherent in the deal.
 
 
 
==Malpractice allegations==
 
[[Diane Katz]], a Research Fellow in Regulatory Policy at The [[Heritage Foundation]] testified to the [[United States House of Representatives]] in 2014 that "the bank’s OIG and the U.S. [[Government Accountability Office]] have repeatedly documented transgressions in bank operations, including inadequate due diligence and insufficient risk management."<ref>http://www.heritage.org/research/testimony/2014/08/mismanagement-of-export-import-bank-invites-fraud</ref>
 
 
 
==Staff==
 
[[William J. Casey]] (Later [[Director of Central Intelligence]]) was Chairman of the Export-Import Bank of the United States from 1974 to 1976.
 
[[John Macomber]] was president from 1989 to 1992.
 
 
 
==September 11, 2001==
 
The Export-Import Bank of the US occupied floor 6 of [[World Trade Center 7]] which was destroyed in the [[September 11 attacks]].<ref>[[Document:Collateral Damage 911]]</ref>
 
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==References==
 
{{Reflist}}
 

Latest revision as of 06:10, 18 June 2021