Kuster Statement on Export-Import Bank Reauthorization
Statement
On October 27, Congresswoman Annie Kuster (NH-02) issued the following statement following the House's vote to reauthorize the Export-Import Bank:
"Since the Export-Import Bank's charter expired earlier this year, businesses across the country have seen their ability to create jobs and hire more workers on U.S. soil severely limited," said Congresswoman Kuster. "In New Hampshire, companies like The Mountain and 35 other exporters across the state have received $187 million in trade financing from the Bank to help them succeed in today's global economy. The Ex-Im Bank supports economic growth by filling gaps in access to credit to ensure that American businesses can compete with economic certainty, and today I was proud to join my colleagues on both sides of the aisle to support the reauthorization of this vital program. I urge my colleagues in the Senate to approve the Bank's reauthorization so that we can better support the efforts of companies in New Hampshire and across the country, and in turn foster vital job creation for American workers."
Since taking office, Kuster has prioritized efforts to boost exports and create jobs and opportunity for middle class families in New Hampshire. In 2013, she hosted an Export Forum to bring together local business leaders and representatives from the Export-Import Bank to discuss strategies for boosting international sales for New Hampshire companies. Last year, during the most recent instance in which the Bank's charter was slated to expire, she convened local business leaders to call on Congress for reauthorization. Most recently, she held a roundtable with local business leaders in Peterborough to stress the Bank's importance to the Granite State economy. She's also introduced the Small Business Growth through Exports Act, legislation that would extend and expand the successful State Trade and Export Promotion program (STEP). To date, STEP has helped dozens of Granite State companies expand their exports, create jobs, and grow New Hampshire's economy.
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