For the first time, the Export-Import Bank of the United States (EXIM) will make its existing financing programs available to export-oriented domestic manufacturing facilities and infrastructure projects. The Make More in America Initiative was unanimously approved by the EXIM Board of Directors in April 2022, and had support from the National Association of Manufacturers (NAM), … Continue Reading
While the President of the United States (US), Joe Biden, appears to be willing to increase rhetoric against the President of the Russian Federation (Russia), other Western allies are less willing to join in increasing tension with Russia on this front. By Sunday, the US Secretary of State appeared to downplay President Biden’s Friday remarks … Continue Reading
While the situation between Russia and Ukraine remains a focus for transatlantic trade partners, the rhetoric this week appears to have been pared back. Nevertheless, a group of Senators in the United States (US) may soon have an agreement on a sanctions bill to address Russia’s aggression. Sanctions legislation was introduced on 31 January in … Continue Reading
This report provides a snapshot of the US Executive Branch priorities via daily schedules and the prior day’s press releases. POTUS’ Schedule* *The US President (POTUS) and Vice President’s (VPOTUS) daily schedules are subject to change. 2:00 p.m. EST – The President delivers remarks at an Operation Warp Speed Vaccine Summit | South Court Auditorium… Continue Reading
Over the past two weeks, the European Union (EU) saw the resignation of its EU Trade Commissioner, increased tension in the Eastern Mediterranean, and several EU countries received a high-level Chinese delegation. The United States (US) and EU also achieved a tariff reducing deal on American lobsters and other products. Meanwhile, transatlantic attention remains focused … Continue Reading
Legislative Activity Potential Energy Legislation After the House proposed a narrow version of the energy bill to the Senate, Senate Energy and Natural Resources Chairman Lisa Murkowski (R-AK) proposed a broader bill once again. After a meeting last week with House Natural Resources Chairman Rob Bishop (R-UT), Chairman Murkowski appeared confident she will get a … Continue Reading
Legislative Action Comprehensive Energy Bill Conferees met on last week on Thursday for the opening session to consider energy legislation, S. 2012, the North American Energy Security and Infrastructure Act of 2016. If passed, the bill would be the first piece of comprehensive energy legislation to emerge from Congress in almost a decade. The mood … Continue Reading
Legislative Action Comprehensive Energy Legislation To begin the process of reconciling the House and Senate energy bills, the House has voted to go to conference and has appointed its conferees, which will include 24 Republicans and 16 Democrats. However, the Senate has yet to do the same. Work continues in the Senate to clear potential … Continue Reading
President Barack Obama signed the customs bill and Judicial Redress Act into law last Wednesday. In addressing U.S. state governors last week, the President expressed optimism that Congress may act this year on the Trans-Pacific Partnership (TPP) deal. Congress will be in session this week, with a number of defense-related hearings scheduled, as well as a … Continue Reading
Legislative Activity Senate Keystone Debate Continues Last week, the Senate continued to consider amendments to S. 1, the “Keystone XL Pipeline Approval Act.” Senators adjourned late Thursday night after Leader McConnell (R-KY) moved to invoke cloture on the substitute amendment for S.1. He did so after calling up a number of Democratic-sponsored amendments for votes … Continue Reading
Legislative Activity Waters of the U.S. On Wednesday, February 4, the House Transportation and Infrastructure Committee, in conjunction with the Senate Environment and Public Works Committee, will hold a hearing to examine the impacts of the proposed Waters of the U.S. rule on state and local governments. Liquid Natural Gas On Thursday, January 29, the … Continue Reading
