Political Quotes

“I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 1032, after line 4, insert the following: SEC. ____. RESTRICT BANK LENDING TO SERVING AS COUNTERVAILING LENDER. (a) Ban on Providing Credit Assistance for Transaction That Does Not Meet Foreign Competition.--Section 2(b) of the Export-Import Bank Act of 1945 (12 U.S.C. 635(b)) is amended by adding at the end the following: ``(14) Prohibition on Assistance for Transaction That Does Not Meet Foreign Competition.--The Bank shall not guarantee, insure, or extend (or participate in the extension of) credit involving any transaction, with respect to which credit assistance from the Bank is first sought after the effective date of this paragraph, that does not meet competition from a foreign, officially sponsored, export credit agency.''. (b) Annual Certification That Each Provision by the Bank of Credit Assistance Is Made to Meet Foreign Competition.-- Section 8(h) of such Act (12 U.S.C.…”