In countries around the world, there are some 100 export credit agencies working to ensure their respective companies have a level playing field against foreign competition. It baffles me that some want to eliminate Ex-Im and put our exporters at a disadvantage to companies in China, Japan and the European Union.
Ex-Im is a rare government entity that supports U.S. jobs, spends no taxpayer dollars, provides no subsidies or tax breaks, and actually makes money for the U.S. treasury. Instead of eliminating it, leaders in both parties should support its mission in full and confirm its board now.
Fred P. Hochberg, Miami Beach
The writer was chairman and president of the Export-Import Bank of the United States
from 2009 to 2017 and deputy and acting
administrator of the U.S. Small Business
Administration from 1998 to 2001.