U.S. President Barack Obama nominated Allison Macfarlane to a new term as chairman of the Nuclear Regulatory Commission, less than a year after she took over the agency following her predecessor’s resignation.
U.S. Export-Import Bank Chairman Fred Hochberg asked Congress for a 40 percent increase in the loan limit to $140 billion for fiscal year 2015 as borrowing by companies closed in on the current maximum.
Export-Import Bank Chairman Fred Hochberg plans to provide more financial aid to U.S. corporate jet manufacturers, branching out from a traditional support for Boeing Co. to help an industry where demand has suffered.
The U.S. should take the lead in writing global rules for export financing to blunt an increase in unregulated support from nations including China, India and Brazil, Export-Import Bank Chairman Fred Hochberg said.
U.S. companies have a “unique window of opportunity” to grab market share from competitors because of economic weakness in Europe, said Fred Hochberg, chairman of the Export-Import Bank of the United States.
The U.S. Export-Import Bank said governmental aircraft financing for Persian Gulf airlines such as Emirates doesn’t distort global markets because the funds fill a need that financial institutions aren’t meeting.