John Murphy: “If the United States does not make these investments, then we lose the ability to be influential”

The failure to reauthorize the Eximbank on a long-term basis is going to put at risk tens of billions of dollars of exports.

My bottom line is, we need to create more American jobs, and if we can bring funds from abroad that will create more American jobs, that is what I favor.

Historically, the only way the U.S. government has ever enticed a foreign government to open its market to American exports is by negotiating free trade agreements.

Thank you, ma'am. I just want to thank the Congress actually for Sandy supplemental funds that really enabled us to accelerate a lot of development activity that answered the call for mitigation efforts.