Americans for Prosperity is proud to join 40+ coalition partners in signing a letter that urges all Senate and House Republicans to oppose reauthorizing the Export-Import Bank. The coalition calls on House leaders — particularly Majority Leader-elect Kevin McCarthy and House Financial Services Committee Chairman Jeb Hensarling — to oppose scheduling a vote on the Ex-Im Bank [...]
Banking & Financial Services Legislative Alerts
By Christine Harbin Hanson Facing the imminent expiration of the Export Import Bank at the end of September, with few legislative days in between, special interests are lobbying furiously. They’re out in full force on Capitol Hill and in their congressional district offices, sparing no expense and spreading the same politically-charged myths about the Bank’s [...]
Earlier this week, 41 Republicans sent a letter of support to House Speaker John Boehner’s office in support of the Export- Import (Ex-Im) Bank reauthorization. The letter passionately argues that the taxpayer-backed bank is essential for economic health of our exports. Per usual, much of Congress is grossly misinformed.
One employee in particular, Mr. Johnny Gutierrez, is under investigation for accepting cash payments in exchange for granting the Florida company Impex Associates millions in loans and guarantees.
Yesterday the House Financial Services Committee held a hearing on the Export Import Bank. Americans for Prosperity is urging lawmakers to oppose the agency’s charter reauthorization, which is set to expire at the end of September. We were disappointed to see the chairman of the Export-Import Bank, Fred Hochberg, fail to answer certain questions about [...]