Ex-Im Bank's Retention Allowance Program

Pursuant to a congressional request, GAO provided information on the Export-Import Bank's (Eximbank) noncompliance with statutory and regulatory requirements in awarding retention allowances to its employees, focusing on: (1) the number and dollar value of illegally awarded allowances; (2) what actions the Chief Operating Officer (COO) took in response to GAO's and the Office of Personnel Management's (OPM) concerns; (3) the roles of the Office of Management and Budget (OMB) and the National Performance Review (NPR) in advising and approving the Eximbank's actions; and (4) the status of the Eximbank's current retention allowance program.