Senate Advances Ayotte-Backed Measure to Renew Export-Import Bank

Press Release

The U.S. Senate voted today to advance a bipartisan amendment cosponsored by U.S. Senator Kelly Ayotte (R-NH) that would renew the Export-Import Bank's charter until September 2019 and help support jobs in New Hampshire and across the country. The amendment is similar to stand-alone legislation Ayotte introduced with Senators Mark Kirk (R-IL) and a bipartisan group of senators.

"Today's vote is an important step toward renewing the Export-Import Bank, which supports jobs in New Hampshire and across our country while returning billions of dollars to the Treasury for deficit reduction," said Ayotte. "Over the last seven years, Ex-Im has helped 36 businesses in our state compete in the global marketplace and create jobs, and I'll continue my efforts to renew Ex-Im so that New Hampshire companies continue to have access to this important source of financing."

Working with her colleagues, Ayotte previously helped secure a commitment from Senate and House leadership that both chambers of Congress would take up and vote on bipartisan legislation to renew the Export-Import Bank, whose charter expired June 30. Ayotte has visited and met with employers across New Hampshire - including GE Aviation in Hooksett, New Hampshire Ball Bearings in Laconia, and Seaboard International Forest Products in Nashua - to highlight the successful partnership between the Ex-Im Bank and local suppliers and retailers who have been able to grow their businesses and create more jobs by exporting goods and services overseas. Last December, Ayotte hosted Export-Import Bank Chairman Fred Hochberg in Nashua, where they met with New Hampshire exporters to discuss Ex-Im.

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