Menu
Israel and Senegal announce end to crisis

Israel and Senegal announce end to …

​Israel will immediately ...

Statements by PM Netanyahu and US President Donald Trump

Statements by PM Netanyahu and US P…

​PM Netanyahu: I want to ...

WJC President Lauder commends Comerica for closing anti-Israel group’s bank account

WJC President Lauder commends Comer…

WJC, World Jewish Congres...

Lt. Gen. Gadi Eizenkot, Chief of the General Staff, Memorial Day Message

Lt. Gen. Gadi Eizenkot, Chief of th…

In these moments we stand...

Holocaust Martyrs' and Heroes' Remembrance Day 2017

Holocaust Martyrs' and Heroes' Reme…

​The Holocaust Martyrs' a...

University of Haifa and Rambam Hospital Unveil Partnership and Plans for Twenty-Story ‘Medical Discovery Tower’

University of Haifa and Rambam Hosp…

Strategic partnership bet...

In landmark ruling, US court allows heirs of Jewish art dealers to sue Germany for restitution

In landmark ruling, US court allows…

WJC, A district court in ...

230 Ukrainian Immigrants Arrive in Israel for Passover, Part of Effort to Rescue Embattled Jews

230 Ukrainian Immigrants Arrive in …

JERUSALEM, More than 200 ...

Ambassadors Against BDS: 2,000 gather at United Nations HQ in New York in support of Israel

Ambassadors Against BDS: 2,000 gath…

The World Jewish Congress...

Prev Next
A+ A A-

Obama Urges Renewal of US Export-Import Bank

VOA News, U.S. President Barack Obama says more small businesses than ever are selling their products aboard, but that could all change unless Congress takes action.

The president said Saturday in his weekly address that unless Congress renews the charter of the U.S. Export-Import Bank, nearly 300,000 businesses could lose their international markets. The bank provides loans, loan guarantees and credit insurance to foreign buyers of U.S. products.

He said lawmakers have reauthorized the charter 16 times because the bank works and pays for itself.

Some Republicans lawmakers who supported the bank in the past, now want to put it out of business.

President Obama said if Congress fails to act, thousands of businesses will take "a completely unnecessary hit."

In the Republican address, party chairman Reliance Priebus says there will be less government spending, flexible health care and better education under complete Republican control of Congress. The party needs to pick up six seats in the November elections to win back the Senate.

Leave a comment

Make sure you enter the (*) required information where indicated. HTML code is not allowed.

back to top
40% off 4 or more products. Enter code 40SPRING at checkout. Get a discount with a minimum purchase at PaulFredrick.com
Travel Deals to top Destinations. Get yours now

Sections

Jewish Traditions

About Us

Community

Cooperations

Follow Us