U.S. Chamber's Donohue Receives Chairman's Award at Ex-Im Bank Annual
WASHINGTON, April 4, 2013
WASHINGTON, April 4, 2013 /PRNewswire/ -- Thomas J. Donohue, the president and
CEO of the United States Chamber of Commerce, today received the Chairman's
Award from the Export-Import Bank of the United States (Ex-Im Bank). The award
was presented at the Bank's 38th Annual Conference in Washington, D.C.
"During last year's reauthorization, Tom Donohue highlighted how Ex-Im Bank's
financing helps small and medium-sized businesses in communities across the
country," said Ex-Im Bank Chairman and President Fred P. Hochberg. "Tom
understands the vital role exports play in helping our nation's businesses
remain globally competitive and we are thankful for his support."
"It's an honor to be recognized by an agency that provides such a critical
service for American businesses operating in the global economy," said
Donohue. "Last year, pushing Congress to reauthorize the Ex-Im Bank was one of
the Chamber's top priorities. The Ex-Im Bank is an important engine for job
creation in this country and is vital to companies of every size. The work of
the Ex-Im Bank is essential to put trade opportunities in the hands of
American companies and workers."
The Chamber was instrumental in educating members of Congress about the
critical role Ex-Im Bank plays in supporting American businesses.
Donohue hosted the kickoff for the Bank's small-business Global Access Forums,
and was one of the first people on board to help the Bank grow its
small-business portfolio in an effort to meet its small-business mandate.
Ex-Im Bank's 2013 Annual Conference will feature prominent members of the
business and government community including Vice President Joe Biden,
Transportation Secretary Ray LaHood, former Treasury Secretary Larry Summers,
former National Security Advisor General James Jones, Xerox Corporation CEO
Ursula Burns, and Citibank Chairman Michael O'Neill. A full listing of
speakers, panelists, and moderators is available on Ex-Im's website:
About Ex-Im Bank
Ex-Im Bank is an independent federal agency that helps create and maintain
U.S. jobs by filling gaps in private export financing at no cost to American
taxpayers. In the past five years (from Fiscal Year 2008), Ex-Im Bank has
earned for U.S. taxpayers nearly $1.6 billion above the cost of operations.
The Bank provides a variety of financing mechanisms, including working capital
guarantees, export credit insurance and financing to help foreign buyers
purchase U.S. goods and services.
Ex-Im Bank approved nearly $35.8 billion in total authorizations in FY 2012 –
an all-time Ex-Im record. This total includes more than $6.1 billion directly
supporting small-business export sales – also an Ex-Im record. Ex-Im Bank's
total authorizations are supporting an estimated $50 billion in U.S. export
sales and approximately 255,000 American jobs in communities across the
country. For more information, visit www.exim.gov.
SOURCE Export-Import Bank of the United States
Press spacebar to pause and continue. Press esc to stop.