Fincher Bill to Reform and Reauthorize U.S. Export-Import Bank Passes House with a Majority of Republicans Voting in Favor
FOR IMMEDIATE RELEASE Contact: Logan Ramsey
Tuesday, October 27, 2015 Phone: (202) 225-4714
WASHINGTON, DC – Today, Congressmen Stephen Fincher (TN-08), Adam Kinzinger (IL-16), Frank Lucas (OK-03), Chris Collins (NY-27), Tom MacArthur (NJ-03), Bob Dold (IL-10), and John Mica (FL-07) released the following statement after legislation to reform and reauthorize the Export-Import Bank of the United States passed the House 313-118 with a majority of Republicans voting in favor of the bill:
“With 95 percent of the world’s consumers living overseas, exports are essential to helping American small businesses seize opportunities for growth and prosperity.
“Today’s vote was for the thousands of small businesses whose hands have been tied for months because they are unable to receive critical financing that allows them to break into emerging markets. When Ex-Im gives companies the resources they need to sell their products abroad, their employees, suppliers and communities succeed at home.
“The passage of this bill marks a historic day in the House. This is a win for small businesses, hardworking Americans and for rank and file Members who want to get things done for their constituents.
“With broad support for the Ex-Im Bank in both Chambers of Congress, we now call on Senate leadership to immediately advance this bill so we can provide American job creators with the certainty they need to tackle new markets, expand opportunities and create jobs.”