Trump Touts Export-Import Bank’s Return to Profit After Nearly a Decade
Trump credits his administration for making the Export-Import Bank profitable for the first time in nearly a decade, citing $28 billion in deals and 45,000 supported jobs.
WASHINGTON D.C. — Donald J. Trump credited his administration for returning the Export-Import Bank to profitability for the first time in nearly a decade, tying the reversal to a broader push to reindustrialize the United States. Trump said the federal export credit agency now returns money to taxpayers while backing supply chains and energy exports. The bank supports more than 45,000 American jobs and has delivered $28 billion in deals through an initiative called Project Vault, aimed at securing critical raw materials for companies large and small, according to the post.
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