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Search Tags: Fred Hochberg
Export-Import Bank President Fred Hochberg explains why his agency had a banner year, with a record number of transactions in fiscal 2012. And a professor at the Wharton School describes how private insurance companies are making money off the National Flood Insurance Program — but taxpayers are likely to pick up the slack when claims surpass premiums.
Fred Hochberg, the Export-Import Bank president told The Federal Drive with Tom Temin and Emily Kopp that unlike other agencies, his agency has been able to pay money to the government rather than take money from the government.
The Export-Import Bank lends money to American companies that do business abroad. The small agency was recently treated like a political football. John Palguta, the vice president for policy at the Partnership for Public Service, talks about the SES reform bill.
The Internet, and search engines, are helping to reduce barriers, particularly in e-commerce.
The Export-Import Bank of the United States -the Ex-Im Bank - says it will start a partnership with Google to help American small and mid-sized businesses harness the power of the Internet to initiate or expand sales outside of the country. Bank officials say Google's tools can empower businesses to reach new customers all over the world, and that even small businesses can create a global presence.
The Chairman and President of the Ex-Im Bank Fred Hochberg specifically points to use of the search engine in helping achieve President Obama's goal of doubling U.S. exports within the next five years, while at the same time putting more Americans to work producing them.
Head of Acquisitions at US-Google Stuart Small says, there are now more than 1.2 billion people online worldwide, and many of them are ready and able to buy and research online.