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In a hearing of the House Financial Services Committee to reauthorize funding for and enhance the Export-Import Bank of the United States, certain language was included to create the Office of Territorial Exporting, Delegate Michael San Nicolas announced Wednesday.
In a hearing of the Financial Services Committee to reauthorize and enhance the Ex-Im Bank, language was included to create the Office of Territorial Exporting.
The Office of Territorial Exporting will be a dedicated office in the Ex-Im Bank to facilitate Territory access to a pool of up to 175 million dollars annually to finance and guarantee export-oriented businesses.
Guam will be included in a proposed Office of Territorial Exporting which will be created within the Export-Import Bank of the United States, Congressman Michael San Nicolas announced.
Congressman San Nicolas has joined fellow Districts hosting Compact Migrants through the leadership of Congressman Cardenas to extend Medicaid eligibility to Compact migrants.
Guam Delegate Michael San San Nicolas has joined fellow members of Congress hosting Compact migrants to extend Medicaid eligibility to Compact migrants.
The Covering Our FAS Allies (COFA) Act will reinstate Medicaid eligibility to FAS migrants, something that has not been afforded since 1996.
Guam’s congressman made news of a different sort during a House Finance Committee hearing this week when he grilled Facebook chairman Mark Zuckerberg about the social media company’s proposed crypto-currency LIBRA.
San Nicolas challenged Zuckerberg on the reliability of LIBRA.
“The newly-elected Delegate Michael San Nicolas (D) of Guam is also making his mark in the federal government; in May of 2019, San Nicolas was appointed Vice Chairman of the House Committee on Financial Services, where he has considerable ability and influence to draw attention to territorial financial issues.
While the governor and certain senators are moving toward a legal fight in the U.S. Supreme Court to defend Guam's natives-only plebiscite law, Del. Michael San Nicolas is taking a different stance.
A political status vote should be inclusive of every Guam voter, San Nicolas said.
Guam's delegate in the U.S. House of Representatives has introduced legislation that would put the collection of Guam’s cigarette taxes and the fight against cigarette smuggling on Guam under federal control.
Congressman Michael San Nicolas has introduced H.R. 4635 which seeks to assert federal authority over cigarette smuggling on Guam.
H.R. 4635 amends Title 18 of the U.S. Criminal Code to include Guam under federal jurisdiction for cigarette enforcement.