House Dems Warn About Threats to Ex-Im, Stopgap Measure on the Docket
The House Republican move to put a nine-month Export-Import Bank extension in a 2015 stopgap funding measure actually aims to “eventually kill it altogether,” said Democratic leadership in recent days. The House is set to consider the Continuing Appropriations Resolution…
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2015, H.J.Res.124 (here), on Sept. 16 (here). Minority Whip Steny Hoyer, D-Md., and Financial Services Chairwoman Maxine Waters, D-Calif., urged a long-term renewal of the bank, but did not reject the addition of an Ex-Im extension in the funding measure. “A multi-year extension of its charter would end the uncertainty that is deterring businesses from entering new markets,” said a letter to Democratic colleagues. “We oppose the Majority’s cynical strategy to eliminate the Export-Import Bank and are committed to working with you to preserve and strengthen it for the long term with a multi-year authorization.”