House Members Call for Ex-Im Bank Reauthorization Hearing
Twenty-six Democratic members of the House Financial Services Committee asked the committee leadership in a Feb. 6 letter to hold a hearing on Export-Import Bank reauthorization. The program is set to expire on Sept. 30. The program provides vital support…
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to U.S. businesses trying to reach out to foreign markets, said the House members in the letter to Financial Services Committee Chairman Jeb Hensarling, R-Texas, and Subcommittee on Monetary Policy and Trade Chairman John Campbell, R-Calif. “U.S. businesses that rely on the various export credit services that the Bank provides need certainty in the reauthorization process for long-term business planning purposes. We believe that committee action on reauthorization serves the best interest of the United States and the workers whose jobs the Export-Import Bank supports in all of our districts,” said the letter. “We believe Congress can reach a bipartisan reauthorization agreement, as we have consistently done in the past that meets the overall objective of supporting U.S. exports and jobs.”