[Congressional Record Volume 161, Number 121 (Wednesday, July 29, 2015)]
[House]
[Pages H5654-H5655]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




            DON'T LEAVE THE EX-IM BANK IN A ZOMBIELIKE STATE

  (Mrs. CAROLYN B. MALONEY of New York asked and was given permission 
to address the House for 1 minute.)
  Mrs. CAROLYN B. MALONEY of New York. Mr. Speaker, this Chamber is 
doing a great disservice to small-business owners and to hundreds of 
thousands of American workers by going off to recess for the next 6 
weeks without renewing the charter of the U.S. Export-Import Bank. It 
is the wrong thing to do.
  Sadly, the minority of ideologues in this Chamber that is blocking 
the renewal of the Ex-Im's charter is absolutely right about one thing. 
If the U.S. Ex-Im goes under, all the export business and all the jobs 
supported by it will be just displaced to other companies.
  What they don't mention in their rants against the Bank is that the 
companies that will get this business will be in other countries and 
the workers who get those good-paying jobs will be overseas because 
there are some 85 foreign export credit agencies today happy to help 
the companies in their countries seal the deal.
  We are leaving thousands of American workers at a real competitive 
disadvantage by leaving the U.S. Export-Import Bank in a zombielike 
status.
  We should renew it. We should keep these jobs in America. We should 
put more Americans to work.

[[Page H5655]]



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