Export-Import Bank

Browse Documents
by Date or Issue:
  • Statement by Ranking Member Maxine Waters on the Resignation of Export-Import Bank Chairman and President Fred P. Hochberg
    Posted in Press Releases on January 19, 2017 | Preview rr
    Tags: Export-Import Bank

    “As the Obama Administration comes to a close, we must acknowledge the noble men and women who dedicated themselves to serving this Administration. Fred Hochberg, one of the most distinguished business leaders in our nation’s history, served with distinction, compassion, and a commitment to creating jobs and supporting our economic recovery. “Over the course of more than 80-years, the Export-Import Bank has successfully fulfilled its mission of creating U.S. jobs by supporting the export of U.S.... Read more

  • Waters Opposes Bill to Undermine Iran Nuclear Deal, Warns of Global Risks Under Trump
    Posted in Press Releases on November 17, 2016 | Preview rr
    Tags: Export-Import Bank, Department of the Treasury, International

    Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, spoke on the House floor opposing H.R. 5711, a bill that would undermine the Iran nuclear deal, thereby jeopardizing both U.S. and global security. “I am particularly concerned that this bill comes at a time of deep global uncertainty about U.S. foreign policy," Waters said. "We have a President-elect whose talk on foreign policy has ranged from vague and contradictory in some areas to utterly incoherent e... Read more

  • Waters Opposes Republicans’ Unacceptable Short-Term Funding Bill
    Posted in Press Releases on September 23, 2016 | Preview rr
    Tags: Export-Import Bank, Budget

    Today, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, issued the following statement on Republicans’ continuing resolution (CR) that would fund the government until December: “Republicans have proposed a continuing resolution to fund our government and services to the American people that is simply unacceptable. This CR is an insult to the people of Flint, Mich., where thousands of children have been poisoned by lead in their drinking water and many st... Read more

  • At Markup, Waters Opposes GOP Efforts to Undermine Iran Nuclear Deal
    Posted in Press Releases on July 13, 2016 | Preview rr
    Tags: Export-Import Bank, International, Speeches and Committee Statements

    In opening remarks during a Financial Services Committee markup today, Congresswoman Maxine Waters (D-CA), the Committee’s Ranking Member, expressed concern with legislation that would violate or undermine the U.S.’s commitments under the Iran nuclear deal. “We are considering two pieces of legislation today that would have serious consequences for our ability to uphold the Iran nuclear deal and a third bill which reflects the latest in a long string of baseless and politically motivated attacks... Read more

  • ICYMI: Hoyer, Waters, Moore, Heck Send Letter Urging Confirmation of J. Mark McWatters to the Board of the Export-Import Bank
    Posted in In Case You Missed It on May 23, 2016 | Preview rr
    Tags: Export-Import Bank

    House Democratic Whip Steny H. Hoyer, along with House Financial Services Committee Ranking Member Maxine Waters, Monetary Policy & Trade Subcommittee Ranking Member Gwen Moore, and Rep. Denny Heck, today sent a letter to Senate Banking Committee Chairman Richard Shelby urging action on the confirmation of J. Mark McWatters to a four-year term serving on the Board of the Export-Import Bank. The letter calls on Chairman Shelby to allow the Senate Banking Committee to vote on Mr. McWatters’s confi... Read more

  • Waters Lauds Final Passage Vote to Renew Ex-Im
    Posted in Press Releases on December 3, 2015 | Preview rr
    Tags: Export-Import Bank

    As the House completed votes on final passage of H.R. 22, and with it the four-year reauthorization of the Export-Import Bank, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, hosted a press conference to mark the long-awaited renewal of the export credit agency. Waters discussed the many ways she and other supporters have worked to achieve reauthorization of the Bank, which has helped support hundreds of thousands of American jobs and enabled thousands ... Read more

  • Waters Statement on House Passage of Historic Export-Import Bank Reauthorization
    Posted in Press Releases on November 5, 2015 | Preview rr
    Tags: Export-Import Bank

    Following passage today of H.R. 22, the DRIVE Act, by a vote of 371 – 54, which included a hard-fought, long-term reauthorization of the Export-Import Bank, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, praised colleagues, exporters, workers and business owners, and a broad coalition of advocacy groups on their tireless efforts to revive the export credit agency. The vote culminated more than two years of advocacy by House Democrats, both in leadershi... Read more

  • Waters Delivers 218th Signature in Historic Effort to Renew Ex-Im
    Posted in Press Releases on October 9, 2015 | Preview rr
    Tags: Export-Import Bank, International

    As a majority of the House of Representatives, Democrats and Republicans, came together today to gather enough signatures on a discharge petition to force a vote on the reauthorization of the Export-Import Bank, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, provided the 218th signature required by House rules to move the historic process forward. The discharge process has only been used five times in U.S. history successfully, and Waters’ signature re... Read more

  • During Markup, Waters Underscores Urgent Need to Renew Ex-Im
    Posted in Press Releases on September 30, 2015 | Preview rr
    Tags: Export-Import Bank, CFPB, Markup, Speeches and Committee Statements

    In opening remarks during a Financial Services Committee markup today, Congresswoman Maxine Waters (D-CA), the Committee’s Ranking Member, outlined the negative impacts of the group of bills under consideration and stressed the need to revive export credit financing for American businesses and workers. Specifically, the Ranking Member pointed out that the measures threaten to hamper efforts to boost protections for the retirements savings of hardworking Americans, increase transparency in our ma... Read more

  • Waters: GOP Inaction Damaging U.S. Competitiveness
    Posted in Press Releases on September 24, 2015 | Preview rr
    Tags: Export-Import Bank, International

    In response to G.E.’s second major announcement in the past two weeks that it will expand its operations in Europe where export credit financing is made readily available, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, released the following statement: “I am disappointed that as another day has passed without action from House Republican Leadership to revive the Export-Import Bank, more American jobs will be lost to countries that have well-functioning... Read more

  • Waters to Republicans: Stop Handing Victories to Foreign Competitors; Bring Ex-Im Up for A Vote
    Posted in Press Releases on September 15, 2015 | Preview rr
    Tags: Export-Import Bank, International

    In response to General Electric’s announcement of relocation of its production and jobs to France, Hungary, and China in the wake of the expiration of the Export-Import Bank’s charter, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, underscored the negative impacts of Republican’s obstruction on communities across the nation. The ranking Democrat went on to urge Republicans in leadership to bring Ex-Im reauthorization legislation up for a vote before th... Read more

  • GE to shift 500 US jobs overseas due to ExIm Bank closure
    Posted in In Case You Missed It on September 15, 2015 | Preview rr
    Tags: Export-Import Bank, International

    General Electric has reignited a political debate over America’s global competitiveness and the future of its Export-Import Bank by announcing it is shifting 500 manufacturing jobs out of the US to countries that provide export finance. US business has been fighting for more than a year to save the ExIm Bank, the government-backed trade finance agency, which lost its ability to extend new loans on July 1 amid opposition from conservative Republicans. Top chief executives including Jeffrey Immelt... Read more

  • Waters Condemns Export-Import Bank-Related Layoffs
    Posted in Press Releases on August 26, 2015 | Preview rr
    Tags: Export-Import Bank

    Following an announcement of several hundred layoffs planned at Boeing’s satellite factory in southern California, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, underscored the very real impact the Export-Import Bank’s shut down is having on American workers. The layoffs add to the growing number of jobs at risk as a result of the export credit agency’s inability to generate and negotiate new deals on behalf of American exporters. Further, the announc... Read more

  • Before Breaking for Summer, GOP Takes a Moment to Hurt American Workers
    Posted in Press Releases on July 29, 2015 | Preview rr
    Tags: Export-Import Bank

    As House Republicans prepare to leave town for a nearly six-week summer recess, Congresswoman Maxine Waters (D-CA), Ranking Member of the Financial Services Committee, took the party to task for failing to take any action to re-open the Export-Import Bank, which has been shut down for nearly a month. Waters blasted Republicans for voting against a procedural motion called the “previous question,” which would have forced a vote on legislation to extend the Bank’s charter through 2019. The legisla... Read more

  • Waters Statement on White House Ex-Im Reauthorization Meeting
    Posted in Press Releases on July 22, 2015 | Preview rr
    Tags: Export-Import Bank

    Following a meeting at the White House with President Obama and small business owners affected by the shutdown of the Export-Import Bank, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, underscored Democrats’ commitment to passage of a long-term reauthorization of the export credit agency. She issued the following statement: “I am pleased to join President Obama in continuing to bring attention to the need for the immediate reauthorization of the Export... Read more

  • Waters: Failure to Act on Ex-Im ‘Unconscionable’
    Posted in Press Releases on June 30, 2015 | Preview rr
    Tags: Export-Import Bank

    Mere hours before the Export-Import Bank’s charter is set to expire at midnight, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, joined Democratic Whip Steny Hoyer (D-MD), Monetary Policy and Trade Subcommittee Ranking Member Gwen Moore (D-WI) and Congressman Denny Heck (D-WA) in expressing their disappointment about the Republican-driven shutdown of America’s export credit agency. In remarks addressed to media, Waters outlined the immediate effects of ... Read more

  • Waters: Republican Ex-Im Brinksmanship Will Kill U.S. Jobs
    Posted in Press Releases on June 25, 2015 | Preview rr
    Tags: Export-Import Bank

    As the House of Representatives leaves town for a week-long recess without taking up legislation to extend the Export-Import Bank’s charter just days before it is set to shut down, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, issued the following statement: “Today, Speaker Boehner and House Republicans have chosen once again to govern by crisis, leaving town without taking a single step to prevent the Export-Import Bank from shutting down. While I re... Read more

  • With Time Running Out, Republicans Fail to Stand up for Export-Import Bank
    Posted in Press Releases on June 24, 2015 | Preview rr
    Tags: Export-Import Bank

    With just one day remaining for Congress to act before the Export-Import Bank shuts down, a wide array of Democrats took to the House floor asking for unanimous consent to extend its charter by bringing up H.R. 1031 – a bill sponsored by Maxine Waters (D-CA), Ranking Member of the Financial Services Committee, Monetary Policy and Trade Subcommittee Ranking Member Gwen Moore (D-WI), Reps. Denny Heck (D-WA) and Democratic Whip Steny Hoyer (D-MD). Waters and Heck also led an attempt to force a vote... Read more

  • Democrats Move to Force a Vote on Export-Import Bank
    Posted in Press Releases on June 17, 2015 | Preview rr
    Tags: Export-Import Bank

    Today, with just five days for Congress to act before the Export-Import Bank shuts down, Democrats on the Financial Services Committee took to the House floor in an attempt to force a vote to bring legislation to reauthorize, reform and re-energize the Export-Import Bank up for a vote. Using a parliamentary procedure called the "previous question," Democrats are pressing for consideration of H.R. 1031, the “Promoting U.S. Jobs through Exports Act of 2015,” as part of the debate over legislation ... Read more

  • With 10 Days Left, Waters Calls on GOP Leadership to Save Ex-Im
    Posted in Press Releases on June 10, 2015 | Preview rr
    Tags: Export-Import Bank, Speeches and Committee Statements

    With just ten days left for Congress to act before the Export-Import Bank shuts down, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, took to the House floor to call on House Republican leadership to bring renewal legislation to a vote. Stressing the importance of the agency to creating and sustaining American jobs in every corner of the nation, Waters outlined the shortsightedness of allowing the Bank to expire, which would put hundreds of thousands of... Read more

  • Leading House Democrats Call On Republican Leadership to Hold a Vote on Ex-Im Bank
    Posted in Press Releases on June 4, 2015 | Preview rr
    Tags: Export-Import Bank

    As American export businesses continue facing uncertainty regarding the Export-Import Bank’s charter, top Democrats on Thursday continued to press the Republican Majority to bring a legislative proposal to renew and reform the agency to a vote. Financial Services Committee Ranking Member Maxine Waters (D-CA) joined Democratic Whip Steny Hoyer (D-MD), Monetary Policy and Trade Subcommittee Ranking Member Gwen Moore (D-WI) and Rep. Denny Heck (D-WA) to highlight the increasingly vocal support for ... Read more

  • Waters: Republican Brinksmanship on Ex-Im Threatens Survival of American Businesses in Global Marketplace
    Posted in Press Releases on June 3, 2015 | Preview rr
    Tags: Export-Import Bank, Speeches and Committee Statements

    As Republicans in Congress continue to run out the clock on the Export-Import Bank, Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, condemned the Majority’s continued ideological attacks in the face of bipartisan support from a majority of the House of Representatives. Waters underscored that just 14 legislative days remain until this economic engine for growth shuts down, and levied criticism at Chair Hensarling (R-TX) for eleventh-hour brinksmanship t... Read more

  • Committee Democrats Blast Inaction on Ex-Im Bank
    Posted in Press Releases on May 20, 2015 | Preview rr
    Tags: Full Committee, Export-Import Bank, Markup

    Today, Democrats on the Financial Services Committee upended a markup of 13 measures focused on capital formation for American small businesses to demand immediate action to renew the Export –Import Bank (Ex-Im). Led by Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee, Democrats highlighted the benefits of the Bank in their districts, while noting that with only 18 legislative days until it expires, the Republicans have yet even hold a hearing on legislation to renew the Bank.... Read more

  • Effort to force Vote on Ex-Im Bank Gains Momentum
    Posted in Press Releases on May 1, 2015 | Preview rr
    Tags: Export-Import Bank

    In less than 24 hours, an effort to bypass House Republican leadership and force a vote on legislation to extend the Export-Import Bank’s charter has garnered the support of 179 Members of Congress. Led by three key Democratic members of the Financial Services Committee, the lawmakers have signed a discharge petition; a procedure that, if supported by a majority of the House, would bring legislation to reauthorize and reform the Export-Import Bank up for a vote. Rep. Denny Heck (D-WA), Ranking M... Read more

  • Waters Urges Action to Renew and Reform Export–Import Bank
    Posted in Press Releases on April 30, 2015 | Preview rr
    Tags: Export-Import Bank, Subcommittee on Monetary Policy & Trade, Speeches and Committee Statements

    Following comments by Speaker Boehner that, “there are thousands of jobs on the line that would disappear pretty quickly if the [Export-Import] Bank were to disappear," Congresswoman Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, urged the Republicans on the Committee to stand up for American jobs and businesses by taking action to renew and reform the Export-Import Bank, which is set to expire June 30. The remarks were delivered during a joint hearing today with th... Read more



Subscribe for Updates

Twitter Feed