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Hensarling: Senate Shouldn’t Confirm Ex-Im Nominees Until Garrett is Confirmed or Ex-Im is Reformed

Washington, Dec 20 -

Financial Services Committee Chairman Jeb Hensarling (R-TX) issued the following statement on the Senate Banking Committee’s vote to block the nomination of Scott Garrett to lead the Export-Import Bank:

“The Export-Import Bank remains the poster child for corporate welfare.  If it must remain, it must be under the leadership of a true reformer like Scott Garrett.  It is disappointing that his nomination to be president of Ex-Im was voted down by the Senate Banking Committee.  Unless and until Scott Garrett is confirmed or until Ex-Im is reformed and out of the corporate welfare business, the Senate should confirm no nominations to the Ex-Im board and President Trump should offer no other nominees.”