Summary of the Meeting of the Board of Directors

April 14, 2022

Completed

IN PERSON AND VIA TELECONFERENCE

  1. OPEN:
    1. POLICY ANALYSIS AND INTERNATIONAL RELATIONS 
      EXIM Medium- and Long-term Domestic Finance Initiative 
      Review Required: None 
      Decision Required: Approval 
      Condren/Feigelson
  2. CLOSED: None
Date Posted

EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF BOARD OF DIRECTORS MEETING MINUTES
APRIL 14, 2022

POLICY ANALYSIS AND INTERNATIONAL RELATIONS

EXIM Medium- and Long-term Domestic Finance Initiative

Motion:  Director Bachus made a motion to Amend the Medium- and Long-term Domestic Finance Initiative as follows:

  1. The recommended parameter 5 (as contained in the executive summary, introduction, and conclusion), requesting temporary delegation to the President of the Bank to make minor policy changes necessary to implement the initiative, should be struck from the memo.
  2. The following parameter should be added:

EXIM will provide for advance Congressional notification of any transactions exceeding $50 million but less than $100 million that are considered for approval under the domestic finance initiative.

Board Decision: APPROVED.  Chair Lewis, Vice Chair Pryor, and Director Bachus all voted in favor of the Motion to Amend.

Proposal to Consider EXIM Medium- and Long-term Domestic Finance Initiative as amended.

Board Decision: APPROVED AS AMENDED. Chair Lewis, Vice Chair Pryor, and Director Bachus all voted in favor of the Medium- and Long-term Domestic Finance Initiative.