Hoyer Applauds Passage of Bipartisan Agreement to Reauthorize Export-Import Bank

Statement

This week, the House passed a bipartisan agreement that I helped negotiate to reauthorize the Export-Import Bank. The Ex-Im Bank helps American companies sell their goods all over the world and supports job creation. Reauthorization of the Ex-Im Bank provides certainty for our businesses and ensures they have the resources needed to remain competitive in a global market. The bill, which passed the House 330-93, is an important part of Democrats' Make It In America jobs plan. Last year, financing from the Ex-Im Bank helped 3,600 private companies add nearly 300,000 jobs across the country, and by enacting this bill we can continue to can keep our businesses competitive and create jobs here at home.

While this agreement will support job creation, we must do more to put Americans back to work and grow our economy. I hope we can work together on additional Make It In America bills, which contain bipartisan proposals that are supported by everyone from labor to business. Strengthening our economy and boosting our manufacturing sector are ideas both parties can and should support, and I am committed to reaching across the aisle to move this agenda forward so Maryland businesses and families can make it in America.

As always, thank you for allowing me to share this update with you, and please continue to share your concerns and insights with me by contacting my office or connecting with me on Facebook, Twitter, or YouTube.

With warmest regards, I am

Sincerely yours,

Steny H. Hoyer

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