AFL-CIO President Richard Trumka made the following statement after the House reauthorized the Ex-Im Bank charter:
The House has taken an important step to help ensure that American businesses and workers have the opportunity to compete successfully for export opportunities in the global economy. The Ex-Im Bank’s loans support U.S. jobs through increased exports. Maintaining and increasing exports of American products and services is an important strategy for growing the U.S. economy and creating economic stability.
We urge the Senate to hold a vote as soon as possible. Any delay would jeopardize the economic future of thousands of American families.