This hearing seems to be designed to influence this important upcoming vote with propaganda and political theater.
Matt Cartwright
The Public Record
Matt Alton Cartwright is an American politician serving as the U.S. Representative for Pennsylvania's 8th congressional district since January 3, 2013. A member of the Democratic Party, Cartwright has focused on issues such as healthcare, job creation, and infrastructure during his time in office. He has been an advocate for policies aimed at improving the lives of working families in his district and has worked on various initiatives to support local businesses and economic development.
Calling the Bank corrupt for crimes committed against it is what we call blaming the victim.
In my district alone, I'm very happy that the Bank supports 10 companies and 639 jobs.
the world market is not a level playing field, and the Bank is absolutely vital for companies involved in the global economy.
I do know that 75 percent of the--the benefits of Ex-Im financing go to about ten very large corporations, and only about half of a percent of small businesses in the U.S. receive assistance from Ex-Im.
President Reagan saw the value in the Bank in assisting American businesses to compete abroad and supported expanding it.
The Export-Import Bank, in your testimony, has a default rate of 0.194 percent, which is less than one-fifth of 1 percent.
to do away with fraud entirely, you have to change human nature, not abolish the Export-Import Bank.





