WASHINGTON, July 15, 2014 /PRNewswire-USNewswire/ -- The Export-Import Bank of the United States (Ex-Im Bank) today announced Scott Schloegel as Senior Vice President and Chief of Staff to Chairman and President Fred P. Hochberg. Since January of 2011, Schloegel served as the Senior Vice President of Congressional Affairs at the Bank, where he successfully led Ex-Im Bank to a multi-year reauthorization through Congress, secured increases in the Bank appropriation level, and helped to lead five board members through Senate confirmation. He replaces Scott Mulhauser, who recently departed for Beijing to serve as Chief of Staff at the U.S. Embassy in China to Ambassador Baucus.
"Scott understands the Bank extremely well and has a clear sense of the Bank's mission to support U.S. exporters, especially small businesses, whose jobs are at stake in a fiercely competitive global marketplace," said Hochberg. "His 25 years of political and management experience will now influence all aspects of the Bank's operations as we continue leveling the playing field for U.S. businesses and creating more American jobs across the country."
A Michigan native, Schloegel worked as a legislative aide in the Michigan House for three years, and then in 1993 became District Director for Congressman Bart Stupak, serving as Stupak's chief of staff from 1997 until January of 2011. He also served as an investigator on the House Energy and Commerce Committee, investigating issues ranging from the BP Deepwater Horizon oil spill to cyber security in the nation's nuclear weapons labs.
ABOUT EX-IM BANK:
Ex-Im Bank is an independent federal agency that creates and maintains U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. The Bank provides a variety of financing mechanisms, including working capital guarantees, export-credit insurance, and financing to help foreign buyers purchase U.S. goods and services. In the past fiscal year alone, Ex-Im Bank earned for U.S. taxpayers more than $1 billion above the cost of its operations.
In FY 2013, Ex-Im Bank approved more than $27 billion in total authorizations to support an estimated $37.4 billion in U.S. export sales and approximately 205,000 U.S. jobs in communities across the country. For the year, the Bank approved a record 3,413 transactions, 89 percent of them for small businesses. Small-business exporters can learn about how Ex-Im Bank products can help them increase foreign sales at http://go.usa.gov/ZVTd. For other information about Ex-Im, visit www.exim.gov.
SOURCE Export-Import Bank of the United States