John Murphy: “The choice is not one between Eximbank on the one hand and the perfection of free markets on the other.”

You never want a serious crisis to go to waste.

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.

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.