DONALD TRUMP STICKS BY SCOTT GARRETT NOMINATION TO EXPORT-IMPORT BANK

President Trump is standing by former Rep. Scott Garrett, his pick to chair the Export-Import Bank, and is prepared to brave protests from business groups and senators who say the ex-congressman won't even commit to protecting the agency he's supposed to lead. It's Mr. Trump's first foray into the thorny ...

washingtontimes.com (Date:08/13/2017 22:36) Read full article >>

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Bank: A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital
Export: This term export derives from the conceptual meaning as to ship the goods and services out of the port of a country. The seller of such goods and services is referred to as an "exporter" who is based in the country of export whereas the overseas based buyer is referred to as an "importer". In Intern
Import: An import is a good brought into a jurisdiction, especially across a national border, from an external source. The purchaser of the exotic good is called an importer. An import in the receiving country is an export from the sending country. Importation and exportation are the defining financial tran