Contact: 

Staci Cox

(202) 225- 4572

 

 

Washington, DC – Today, Congresswoman Gwen Moore (WI-4) renewed her drive for Congress to reauthorize the charter of the Export-Import Bank (Ex-Im Bank), the official export credit agency of the United States.

 

“I have long supported the efforts of the Ex-Im Bank and the billions of dollars in economic activity it drives each year,” said Rep. Moore. “Contrary to Republican rhetoric, the Ex-Im Bank is not ‘crony capitalism.’ It’s a proven jobs engine. Allowing the Ex-Im Bank to close in September will inflict unnecessary harm to our economy, our communities and American businesses, large and small.”

  

In Wisconsin, the Ex-Im Bank supported the export of $102 million of goods and services from 2012 to 2013. Nationwide, the Ex-Im Bank helped sustain more than 200,000 jobs by supporting approximately $37 billion in exports last year alone. 

 

“If it wasn’t evident before, today’s House Financial Services Committee hearing served as a perfect example of the intransigence of many in the Republican Party towards an effort that has traditionally enjoyed bipartisan support. I never would have imagined that Republicans would turn their backs on business, innovation and jobs. 

 

“I urge my colleagues on the other side of the aisle to stop playing politics and to start advocating for the American people.”

 

Congresswoman Moore is a proud original cosponsor of the Protect American Jobs and Exports Act of 2014, to reauthorize the Export-Import Bank of the United States. For a list of 865 organizations around the country that support reauthorizing the Ex-Im Bank charter, please click here. 

 

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