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Doug Bereuter: “We found that the technology in the office of the Export-Import Bank was very obsolete. They recognized that fact but…”

On the recordJune 5, 2002
We found that the technology in the office of the Export-Import Bank was very obsolete. They recognized that fact but they have not spent enough money to improve it. If we make that situation better, small business is going to have better access to the Bank. Currently small businesses do not have the capacity to work the Ex-Im Bank process as easily as some of the larger firms. So we think by mandating improvement in this area, setting aside a separate budget category for updating the technology in the office, the Ex-Im Bank will be more accessible to small business. That, too, I think is an advance.
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Doug Bereuter
Source
govinfo.gov

Editor's note · Context

Discussing the need for technological improvements at the Export-Import Bank to aid small businesses.

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More from Doug Bereuter

Jul 24, 2001

Yes, it does, Mr. Chairman. Section 16 of H.R. 2507 requires the Export-Import Bank to reassess its adverse economic impact test as a result of the $18 million Ex-Im Bank loan guarantee to the Benxi Iron & Steel Company and specifically…

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May 1, 2002

I expect to support and urge support for the gentlewoman's amendment that has been made in order, and to strengthen provisions of her amendment by the report language.

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May 1, 2002

Our corporations are involved in producing very different types of exports. One of their operations in the United States may face the fact that a product is obsolete or the whole sector has deteriorated, and we are not exporting anything…

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May 1, 2002

Certainly I am not enthused about it, but to the extent that GE can keep jobs here because of export, those are jobs that are left in New York State.

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