U.S. Chamber Urges Reauthorization of Ex-Im Bank

By Webmaster on June 28, 2011 3:00 PM
On Wednesday, the House Financial Services Committee approved by a voice vote H.R. 2072, the Securing American Jobs Through Exports Act of 2011, which would reauthorize the charter of the U.S. Export-Import Bank (Ex-Im Bank) through September 30, 2015. Last Friday, the U.S. Chamber joined with 15 other associations to send a letter to House Financial Services Committee Chairman Spencer Bachus and his fellow committee members urging them to support H.R. 2072. It reads in part: "This bill is the result of a bipartisan effort by both the Committee and Subcommittee leadership of the House Financial Services Committee to craft a bill that will help grow and sustain U.S. exports and U.S. jobs, which is the mandate of the Ex-Im Bank. As the Bank's Charter expires on September 30th, it is imperative that this bill move forward swiftly."

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