Political Quotes

“Madam President, I want to recognize an important milestone: the 90th Anniversary of the Export-Import Bank--EXIM--of the United States. The Export-Import Bank was established by President Franklin D. Roosevelt by Executive order on February 2, 1934, ``to aid in financing and to facilitate exports and imports and the exchange of commodities between the United States and other Nations.'' Its mission and work are equally as important now as they were back then. EXIM contributes to our Nation's economic growth by supporting hundreds of thousands of jobs for America's exporters and the workers that make up the supply chains for our exports across the country. Congress first authorized the EXIM Bank as an independent Agency in 1945, and we have continued to support the Bank's work under its charter ever since. In 2019, Congress recognized the critical role EXIM plays by passing a historic, 7-year reauthorization with bipartisan support. I contributed to that reauthorization legislation as the ranking member of the Banking, Housing, and Urban Affairs, and now, as the chair of that committee, we have continued to support the Bank's work that creates jobs in Ohio and around the Nation. Under the leadership of Chair Reta Jo Lewis, the first Black woman to lead EXIM, First Vice President Judith Pryor, Board Member Spencer Bachus, and Board Member Owen Herrnstadt, the Export-Import Bank has expanded financing for American exporters.…”