Trump Administration Plans 100% Tariffs on Pharmaceutical Imports 
Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk 
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook 
OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO 
Samsung Electronics Eyes Record Q1 Profit Amid AI-Driven Chip Boom 
UPS and Teamsters Reach Agreement to Limit Driver Severance Program 
China Vanke Seeks Bond Extension Amid Mounting Debt Crisis 
LG Electronics Posts Record Q1 Revenue Amid Strong Demand and Cost Improvements 
SpaceX Eyes Historic IPO at $1.75 Trillion Valuation 
Apple Turns 50: From Garage Startup to AI Crossroads 
TSMC Japan's Second Fab to Produce 3nm Chips by 2028 
Fonterra Admits Anchor Butter "Grass-Fed" Label Misled Consumers After Greenpeace Lawsuit 
U.S. Automakers Push Back Against EU Rules Blocking American Trucks from European Market 
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown 
Britain Courts Anthropic Amid US Defense Department Dispute 
Pershing Square Bids €30.40 Per Share to Acquire Universal Music Group in $9.4B Deal 
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage 
Washington, D.C., June 22, 2017 -- The United States Hispanic Chamber of Commerce (USHCC) is proud to support The North American Development Bank Improvement and General Capital Increase Authorization Act of 2017 introduced by Senator’s John Cornyn (R-TX) and Dianne Feinstein (D-CA).
|
|||
The North American Development Bank (NADB) plays a critical role in facilitating key infrastructure projects along the southern border by offering direct financing in loans and grants to public and private businesses who otherwise may not be able to invest into infrastructure improvements. With an initial $405 million in total paid-in-capital contributions from the U.S. and Mexico, NADB has leveraged investments totaling $6.9 billion in the development of sustainable infrastructure.
Promoting development along the U.S.-Mexican border is incredibly important to our diverse association of business owners who advocate for the bank to continue operating as a resource for American enterprise. The USHCC strongly commends the work of these Senators, an example of tenured bipartisan leadership aimed at driving the American economy forward in times of high tensioned political division.
With the right policies in place, American entrepreneurs will ensure that our communities continue to thrive and prosper economically. Our association strongly supports the North American Development Bank Improvement and General Capital Increase Authorization Act of 2017.
About the USHCC
The USHCC actively promotes the economic growth, development and interests of more than 4.2 million Hispanic-owned businesses, that combined, contribute over $668 billion to the American economy every year. It also advocates on behalf of 260 major American corporations and serves as the umbrella organization for more than 200 local chambers and business associations nationwide. For more information, visit ushcc.com. Follow us on Twitter @USHCC.
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/e777f75c-c897-4586-baf7-7ae48ea5c4ac
Communications Team United States Hispanic Chamber of Commerce [email protected]
