Export-Import Bank

Recent Posts

Transportation bill will boost CT road funds and help Amtrak

The Pearl Harbor Memorial Bridge, known as the Q bridge, which carries I-95 over New Haven harbor.

WASHINGTON — Congress was expected to approve a massive five-year transportation bill Thursday that would send Connecticut more than $3.5 billion in federal transportation money, bar the rental of cars under recall and commission a study that would determine an impairment standard for drivers who have smoked marijuana. Continue Reading →

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No Ex-Im bank, so GE says it may move jobs overseas


WASHINGTON – General Electric announced Tuesday that it may move about 500 U.S. jobs to France, Hungary and China because of Congress’s failure to extend the charter of the Export-Import Bank. It is an issue that could also influence the Connecticut-based company’s search for a new headquarters. Continue Reading →

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CT businesses pushing back on shutdown of Ex-Im Bank

Logo of the Export-Import Bank of the United States

WASHINGTON — The Tea Party, aided by other conservative Republicans and the billionaire Koch brothers, celebrated a big victory last week when Congress failed to reauthorize the charter of a bank that helps U.S. businesses, including Connecticut-based General Electric and United Technologies, make sales overseas. Continue Reading →

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Bank that boosts Connecticut exports under fire

The U.S. Export-Import Bank seal.

WASHINGTON – For years Connecticut companies, large and small, have benefitted from a federally backed bank that helps them sell their goods overseas — but a bitter fight over whether the Export Import Bank is taxpayer-funded corporate welfare has put its future in question. Continue Reading →

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Connecticut mayors enter the fray over Export-Import Bank

Washington – Several Connecticut mayors have joined their counterparts in dozens of cities across the nation in writing to congressional leaders, urging them to reauthorize the Export-Import Bank, a government agency that makes it easier for American companies to make overseas sales. Continue Reading →

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Washington Watch — Week of July 27

Washington Watch bug

In the last week of work before Congress’s August recess, there will be a lot of finger-pointing concerning who is responsible for failing to get must-pass legislation approved, including a final highway bill, and legislation that would deal with the surge of unaccompanied minors crossing the U.S.-Mexico border. Continue Reading →

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