Political Quotes

On the recordJuly 30, 2014
And Members, I will read into the Record a letter from Steve Wilburn, CEO of the green energy company FirmGreen, who lost a $57 million contract because of uncertainty surrounding the future of the Ex-Im Bank. I will read you excerpts from his letter. Mr. Wilburn attended the Ex-Im Bank panel I organized in April, and last month we invited him back to be one of our Democratic witnesses at a House Financial Services Committee hearing on the Ex-Im Bank. He is among the best witnesses we have ever had at a hearing. In his letter, Mr. Wilburn explains that FirmGreen's export potential has been directly affected by the uncertainty of reauthorization of Ex- Im Bank U.S. and the aggressive financial terms offered by the Korean Ex-Im Bank. Attached to his letter is another letter from a company in the Philippines, Green Energy Solutions, informing him that his business lost a $57 million contract. The letter begins: ``Dear Mr. Wilburn, in view of the uncertainty of the reauthorization of the Ex-Im Bank and project finance structure you proposed have become problematic. We have made the decision in May, this year not to proceed with your project offering.'' {time} 2045 Mr. Wilburn goes on to say: ``In summation, as a combat-decorated veteran, small business owner, job creator, exporter, and concerned citizen, I believe we should not unilaterally disarm and abandon the very governmental agency that allows U.S. manufacturers and other U.S.…
Said by
Maxine Waters
Democratic · California
Source
govinfo.gov
Jul 30, 2014

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