June 19, 2015 Press Releases
Rep. Aguilar Stands Up For Inland Empire Business Owners and Calls for Export-Import Bank Reauthorization
On Thursday, Rep. Pete Aguilar took to the House floor to stand up for Inland Empire business owners. With only four legislative days left until the Export-Import Bank expires, Rep. Aguilar urged House leadership to take action to reauthorize the charter for the bank, which is set to end on June 30th. The Export-Import Bank levels the playing field for American businesses of all sizes that sell their products overseas and participate in the global economy.
“As of now, we have only 4 legislative days until the Export-Import Bank expires. This Bank helps American businesses of all sizes and markets around the world,” said Rep. Aguilar.
He continued, “China’s businesses have the support of their country’s Export-Import Bank and we need to give our businesses the same certainty. For years, the Ex-Im Bank has helped level the playing field for businesses in my district and across this nation, empowering and supporting them to grow and conduct business overseas.
I’ve had the opportunity to work with colleagues on both sides of the aisle to support businesses and create jobs in my home district in San Bernardino County. There is no reason we can’t continue working together to reauthorize the Ex-Im Bank so American workers and businesses have the opportunity to play a role in the global economy.”
The Export-Import Bank’s charter will expire on June 30th if Congress does not act, which will leave businesses across the nation vulnerable. The Export-Import Bank doesn’t cost taxpayers a dollar, and levels the playing field so businesses of all sizes can fairly sell their products overseas. Since 2007, the Export-Import Bank has created or maintained 1.5 million private sector jobs. Rep. Aguilar’s remarks can be viewed in full here.