Export-Import Bank Reform and Reauthorization Act of 2015

Floor Speech

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Mr. HINOJOSA. Mr. Speaker, I rise in strong support of allowing the majority of the Congress to work its will and reauthorize the Export-Import Bank.

The Bank has supported more than 1.3 million private sector American jobs since 2009, with nearly 90 percent of its transactions directly supporting small businesses. The Bank is an unbridled, market-driven success story that I am proud to support.

Three months have passed since a small group of Tea Party Caucus members threw common sense out the window and surrendered to an ideological drive to shut down the Bank despite warnings from across the private sector of the devastating consequences for our economy, American small-business exporters, and their employees.

Today, I stand side by side with my colleagues from across the aisle to fight for them, including Ventech Engineers International, based in my area of south Texas. Ventech manufactures small, pre-built oil refineries for export supplying fuel to remote and impoverished areas. Ventech cannot create more jobs or assist in our national security objectives without financing provided by the Bank.

We cannot allow a small minority of the minority Chamber to block job creation and weaken our international priorities.

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