House Dems to offer Ex-Im bill

By Kevin Cirilli

Top Democrats on the House Financial Services Committee plan to introduce legislation reauthorizing the Export-Import Bank’s charter, which is set to expire on June 30.

Democratic Reps. Gwen Moore (Wis.), Maxine Waters (Calif.) and Denny Heck (Wash.) are working on the bill, according to an email Moore’s chief of staff, Minh Ta, sent to senior House Democratic staff members on Thursday.

The email, which said the lawmakers were working on a "Democratic alternative reform Ex-Im bill," was first obtained by The Hill.

“We hope to get a bill drafted and introduced soon that will adhere to the diversity of the Dem Caucus and keep us unified,” Ta wrote. “As you all know, the reauthorization of the Export-Import Bank is a major priority for the Dem Caucus and all our bosses... I just wanted make you all aware that there will be a Dem bill out there.”

It's unclear how the legislation will differ from the five-year Ex-Im reauthorization bill that Rep. Stephen Fincher (R-Tenn.) introduced earlier this week. Fincher’s bill had 57 GOP co-sponsors, but no Democrats.

Moore said Friday during a forum in Milwaukee with bank president Fred Hochberg that Fincher's bill “is a good start — but it has warts.”

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