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Kevin McCarthy

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  • WASHINGTON, Sept 10- U.S. businesses that rely on the Export-Import Bank for financing are uneasy about a Republican plan for a nine-month extension of the bank's charter, fearing uncertainty about the lender's future could put them at a disadvantage against overseas competitors.

  • WASHINGTON, Sept 9- Republican leaders in the House of Representatives edged closer on Tuesday to an agreement for a short-term extension of the U.S.

  • WASHINGTON, Sept 9- Representative Jeb Hensarling, a Texas Republican who has been a key opponent of the U.S. Export-Import Bank, now supports a short-term extension of the bank's mandate, opening the door the door to a temporary reprieve for the export lender, House of Representatives Speaker John Boehner said on Tuesday.

  • WASHINGTON, Aug 23- President Barack Obama on Saturday urged business owners to press Congress to reauthorize the U.S. Export-Import Bank, which could halt any new financing Sept. 30- as some conservative Republicans hope it will- if lawmakers fail to act.

  • WASHINGTON, Aug 23- President Barack Obama on Saturday urged business owners to press Congress to reauthorize the U.S. Export-Import Bank, which could halt any new financing Sept. 30- as some conservative Republicans hope it will- if lawmakers fail to act.

  • WASHINGTON, Aug 20- Business backers of the U.S. Export-Import Bank said on Wednesday they hope the institution's charter will be extended temporarily while Congress hashes out a longer-term reauthorization of the bank, which some lawmakers are bent on closing.

  • WASHINGTON, Aug 8- Reauthorization of the U.S. Export-Import Bank was left off a list of items that the No. 2 Republican in the House of Representatives expects his party to take up in September, raising new questions about the bank's future.

  • Senate to consider bill to keep Export-Import Bank open Wednesday, 30 Jul 2014 | 9:31 PM ET

    The 80- year-old bank will be forced to close unless Congress acts to renew its charter by Sept. 30, but critics led by Texas congressman Jeb Hensarling have decried it as corporate welfare.

  • Representative Jeb Hensarling wrote a scathing letter to Jay Timmons, president of the National Association of Manufacturers, and James McNerney, chairman of Boeing, referring to reports they were visiting lawmakers to promote the reauthorization of the bank.

  • WASHINGTON, July 21- A Republican House committee chairman scolded Boeing Co and a large U.S. trade group on Monday for lobbying to keep the Export-Import Bank alive, saying their efforts amounted to petitioning for "special privilege."

  • WASHINGTON, June 27- The U.S. Export-Import Bank, derided by conservative critics as an expensive boondoggle, may win a reprieve from what looked like almost certain death in Congress if enough Republicans can be persuaded to let it live on, but with its wings clipped.

  • WASHINGTON, June 25- If the battle over the U.S. Export-Import Bank is Washington's latest political tempest, then Don Nelson from Bakersfield, California is aiming at the eye of the storm.

  • WASHINGTON, June 25- The future of the U.S. Export-Import Bank was thrown further into doubt on Wednesday after an influential conservative lawmaker labeled the bank an example of corporate cronyism that benefits multi-nationals at the expense of taxpayers and many small companies.

  • WASHINGTON, June 25- The future of the U.S. Export-Import Bank was cast further into doubt on Wednesday after an influential conservative lawmaker labeled the bank an example of corporate cronyism that benefits multi-nationals at the expense of taxpayers and many small companies.

  • WASHINGTON, June 24- A push to save the United States' export credit agency struck a new hurdle on Tuesday when Congress's top Republican refused to throw his support behind the Export-Import Bank after news that bank staff were under investigation for graft.

  • WASHINGTON, June 24- Delta Air Lines Inc chief executive Richard Anderson said on Tuesday he opposes reauthorization of the U.S. Export-Import Bank unless there are changes to the way the bank finances the sale of widebody aircraft.

  • WASHINGTON, June 24- A push to save the United States' export credit agency struck a new hurdle on Tuesday when Congress's top Republican refused to throw his support behind the Export-Import Bank after news that bank staff were under investigation for graft.

  • WASHINGTON, June 24- U.S. House of Representatives Republicans are working on how to approach reauthorization of the U.S. Export-Import Bank, which helps finance exports of U.S. goods and services, House Speaker John Boehner said on Tuesday, saying he would listen to all sides on the "thorny" issue.

  • WASHINGTON, June 23- The U.S. Export-Import Bank has suspended or removed four officials as investigators look into allegations of improper gifts and kickbacks as well as efforts to direct contracts to favored businesses, the Wall Street Journal reported on Monday.

  • WASHINGTON, June 22- The newly elected No. 2 Republican in the House of Representatives said on Sunday he opposed renewing the charter for the U.S. Export-Import Bank, which helps finance exports of U.S. goods and services.