Republicans for the Ex-Im Bank Push for Renewal
A group of House Republican lawmakers want to make something clear: Democrats aren’t the only ones pushing for reauthorization of the Export-Import Bank.
On Wednesday morning, as the House Financial Services Committee convened a hearing on the bank’s future, a small group of Republicans joined in a news conference urging their GOP colleagues to take a stronger stand against hardliners in the party who are pushing for the charter’s June 30 expiration. “Why are we here?” said Rep. Billy Long, R-Mo. “We have enough problems in this country that we should be dealing with here in Washington, D.C., to come up with this contrived, flavor-of-the-week thing to be against. It’s a dreamed-up problem that has spun out of control.”
Rep. Chris Collins, R-N.Y., who in his earlier professional life ran companies he said succeeded because of the Export-Import Bank, said he was similarly “befuddled.”
“I can’t figure out for the life of me why my party, the Republican Party, that stands for jobs — and in every conference meeting it’s ‘jobs’ and ‘the economy’ — and here I am, in the minority of my own conference, fighting to defend the Export-Import Bank which is the best example of creating jobs in America.”