McMorries Rodgers Statement on Export-Import Bank Reauthorization Vote

Statement

Eastern Washington Congresswoman Cathy McMorris Rodgers released the following statement after voting against a partisan bill to reauthorize the Export-Import (EXIM) Bank that would hurt small businesses and fail to keep America competitive in the global economy.

"I support reauthorization of the Export--Import Bank. As one of the most trade-dependent states in the nation, EXIM critical to Washington," said McMorris Rodgers. "Unfortunately, Democrats walked away from bipartisan negotiations and loaded this bill with partisan poison pills that I couldn't support. This Democrat bill does not do enough to combat fraud and abuse at EXIM, including ensuring Chinese state-owned-enterprises are unable to receive financing. As we look to lead in the 21st Century global economy, we should be ensuring Chinese state companies are not able to benefit from our programs and encouraging more US investment into emerging tech. This legislation also weakens support for small businesses and fails to include bipartisan reforms to encourage greater investment in new and emerging technologies. I hope we can come together and work on a bipartisan bill that puts U.S. interests first and will get signed into law."

Source