Strong Bipartisan Opposition to Trump Ex-Im Nominee
Washington, DC – In response to the Senate Banking Committee’s decision to reject the nomination of Scott Garrett to lead the Export-Import (Ex-Im) Bank, Congresswoman Gwen Moore (WI-04) released the following statement:
“I applaud the decision of both Republicans and Democrats on the Senate Banking Committee in ending the misguided nomination of Scott Garrett, President Donald Trump’s choice to lead the Ex-Im Bank. There is little doubt that Garret, who worked tirelessly to shut down the Bank during his tenure in Congress, would have worked from within to destroy this vital institution, forcing hard-working Americans to pay the price.
“As a proven job creator that drives nationwide economic growth, I take comfort in knowing there is bipartisan consensus on the need to confirm a nominee who recognizes the role the Bank plays in strengthening our economy. Over the last 10 years, the Ex-Im Bank supported over 1.7 million American jobs. This year alone in Wisconsin, the Bank enabled the export of $181 million goods and services.
“The Bank has been unquestionably successful in supporting American jobs and leveling the international playing field for American manufacturers. However, it remains to be seen if President Trump will answer the bipartisan calls for him to nominate someone who will bring the Bank back to its full potential. For the sake of American exports and the ability of US workers to compete in the global economy, I hope he does.”