NAM Tells Congress to Put Politics Aside and Restore Bank to Full Functionality
National Association of Manufacturers (NAM) President and CEO Jay Timmons issued the following statement calling on Congress to use the lame-duck session to restore the U.S. Export-Import (Ex-Im) Bank to full functionality:
“As long as the Ex-Im Bank cannot fully operate, America will lose manufacturing jobs to other countries, which are winning new sales and manufacturing while our hands are tied. It’s time for Congress to show some backbone—and real leadership—to make the agency work again for hardworking Americans across the country. Jobs and livelihoods cannot be sacrificed to score a political point. A supermajority of Congress has already settled the question of Ex-Im reauthorization. Voters just reaffirmed the importance they place on strengthening manufacturing, and manufacturers need a fully functional Ex-Im Bank to compete and win again in the global economy. Anything less means manufacturers in the United States will lose. In fact, our foreign competitors would love to see the Ex-Im Bank remain hobbled.”
CONTACT: Jennifer Drogus, (202) 637-3090