To Extend and Amend the Export-Import Bank Act of 1945: Hearings Before the Subcommittee on International Trade, Investment, and Monetary Policy of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, Ninety-fifth Congress, First Session, on H.R. 5501 ... March 25 and 28, 1977

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Сторінка 163 - Is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended...
Сторінка 145 - To facilitate the expansion and balanced growth of international trade, and to contribute thereby to the promotion and maintenance of high levels of employment and real income and to the development of the productive resources of all members as primary objectives of economic policy.
Сторінка 145 - Bank shall be to aid in financing and to facilitate exports and imports and the exchange of commodities and services ^ between the United States or any of its territories or insular possessions and any foreign country or the agencies or nationals thereof.
Сторінка 163 - Payment for the $825,000,000 balance of such capital stock shall be subject to call at any time in whole or in part by the Board of Directors of the Bank.
Сторінка 162 - The receipts and disbursements of the corporation in the discharge of its functions shall not be included in the totals of the budget of the United States Government and shall be exempt from any general limitations imposed by statute on budget outlays of the United States.
Сторінка 8 - The purpose of the Bank is to aid in financing and to facilitate exports and imports and the exchange of commodities between the United States or any of its Territories or insular possessions and any foreign country or the agencies or nationals thereof.
Сторінка 148 - ... basis covering selected issues; and (2) in its semi-annual competitiveness report to the Congress, the Bank is mandated to contact exporters and bankers to get their views on Exim policies and programs. While these consultations have proven useful, their effectiveness has been impaired by the lack of obligations on the part of the Bank and on the part of the private sector. At present, the Bank decides on which issues and policies and in which manner it will consult, while the private sector...
Сторінка 29 - ... overcome maturity and other limitations in private sector export financing; assist US exporters to meet foreign officially sponsored export credit competition ; and provide leadership and guidance in export financing -to the US exporting and banking communities and to foreign borrowers.
Сторінка 145 - Net earnings of the Bank after reasonable provision for possible losses shall be used for payment of dividends on capital stock.
Сторінка 163 - Payments for $1,000,000 of such capital stock shall be made by the surrender to the Bank for cancellation of the common stock heretofore issued by the Bank and purchased by the United States. Payment for $174,000,000 of such capital stock shall be made by the surrender to the Bank for cancellation of the preferred stock heretofore issued by the Bank and purchased by the Reconstruction Finance Corporation. Payment...

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