NAM: Timmons, Donohue Call on Congress to Take Action to Restore Ex-Im Bank’s Full Operations
Associated Industries of Missouri is the sole official designated partner of the National Association of Manufacturers in Missouri.
National Association of Manufacturers (NAM) President and CEO Jay Timmons and U.S. Chamber of Commerce President and CEO Thomas J. Donohue issued the following statement urging Congress to move legislation, as part of the upcoming Continuing Resolution, that would allow the U.S. Export-Import (Ex-Im) Bank to consider and act on all transactions immediately:
“The Continuing Resolution represents the most viable path forward to restore full operations at the U.S. Ex-Im Bank, which is vital to American businesses and their supply chains trying to compete in a fierce global economy. A supermajority in Congress has already settled the question of Ex-Im reauthorization, and there is simply no more time to waste. Following the Senate’s failure to act on a board nomination that would reinstate the bank’s full functionality, we urge Congress to embrace identical language adopted in both the House and Senate foreign operations appropriations bills to fully reopen the bank as intended.”