This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Statement By Ex-Im Bank Chairman At 2013 Annual Conference

WASHINGTON, April 4, 2013 /PRNewswire-USNewswire/ -- The following is a statement by Ex-Im Bank Chairman at 2013 Annual Conference (*As prepared for delivery).


"Jobs Ahead: The Next Four Years of the Export-Import Bank"Remarks by Fred P. HochbergChairman and President, Export-Import Bank of the U.S.Export-Import Bank Annual Conference Washington, DC April 4, 2013

Welcome to the 2013 Annual Conference of the Export-Import Bank of the United States.

In preparing for today, I thought back four years to January of 2009 – when President Obama put forth my name as Chairman and President of the Export-Import Bank. 

I took the oath of office that May.  In those four months, America lost three million jobs.

The economy was in a free fall.  It was a shocking and frightening time.

We needed to take action.

That's exactly what President Obama and this Administration did.

And now, in 2013, thanks to you, America's business community, an additional 6.4 million Americans are at work in the private sector.  We've added jobs in each and every month for the past 36 months.

Give yourself a round of applause.

America is coming back.

Two weeks ago, the President nominated me for another term as Chairman and President of Ex-Im.  It has truly been a privilege and an honor.   This is, by far, the best job I've ever had.

I look forward to my confirmation hearing and, if confirmed, the opportunity to keep working with you to grow American jobs.


Like so many of you in this room, I've run a business,

I know that your first thoughts over your breakfast cereal are not how many jobs you'll create by lunch.  Your focus is on sales, product innovation, the competition, your margins – all key factors of your success. 

1 of 10

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 -1.15%
FB $117.58 0.73%
GOOG $693.01 0.29%
TSLA $240.76 -2.81%
YHOO $36.60 0.03%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs