May 30, 2012
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4:16Now PlayingMay 30 (Bloomberg) -- Fred Hochberg, chairman of the U.S. Export-Import Bank, talks about the bank's operations.
President Barack Obama signed a bill today reauthorizing the bank, raising its lending authority 40 percent to $140 billion by 2014 to boost U.S. export sales and increase jobs. Renewing the charter ends a months-long battle for survival for the 78-year-old-bank, the official export credit agency of the U.S. Hochberg speaks with Hans Nichols on Bloomberg Television's "InBusiness." (Source: Bloomberg)
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