Political Quotes

On the recordNovember 14, 2019
This amendment demonstrates a fundamental misunderstanding about what Ex-Im does and whom it benefits. The beneficiaries of Ex-Im's assistance are U.S. exporters and the American workers they employ. It is in America's interest to have a fully functioning Ex-Im because it allows U.S. companies to compete in the global markets. Mr. Davidson's amendment would effectively ban using the Ex-Im Bank in China or Mexico to try to put pressure on Governments of Mexico and China to cooperate with the U.S. to stop the trafficking of synthetic opioids. No one wants to support the trafficking of opioids, but Ex-Im is precisely the wrong agency to use to achieve foreign policy outcomes. If Mexico or China do not cooperate, those countries will not be harmed by this amendment; American companies and workers will be. The Mexican or Chinese Governments will simply buy products from another country that is more than willing to sell them exports. If the goal is to fight the opioid crisis, we need to support programs like Ex-Im that are going to be creating good, well-paying jobs in every district all over the country and support small businesses that are the drivers of community investment and development. And if we really want to put pressure on foreign governments to cooperate with the U.S. in preventing the trafficking of opioids, then we need to bolster our sanctions program, which can deny the bad actor to the largest economy in the world. I understand Mr.…
Said by
Maxine Waters
Democratic · California
Source
govinfo.gov
Nov 14, 2019

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