NAM: Senate Banking Committee Stands with Manufacturers on Ex-Im Board Nominations

Timmons: The Full Senate Needs to Vote to Confirm the Remaining Slate of Ex-Im Board Nominees Without Delay

Washington, D.C. – National Association of Manufacturers (NAM) President and CEO Jay Timmons issued the following statement on the Senate Banking Committee’s consideration of the nominees to the Export-Import (Ex-Im) Bank’s board of directors:

“The Senate Banking Committee did right by America’s manufacturing workers today by rejecting Scott Garrett’s nomination. This agency, which has supported 1.4 million jobs over the past several years, is too important for manufacturers and our economy to be led by someone who has consistently tried to destroy it,” said Timmons.

“However, it is critical that the Senate move quickly to confirm the other four nominees so that the Ex-Im Bank can get back to operating at full strength. These are four well-qualified leaders who will stand up for manufacturers and believe in the Ex-Im Bank’s mission to enhance American competitiveness and support manufacturing workers. Manufacturers don’t want to waste another minute or miss any more opportunities, so the full Senate needs to vote to confirm the remaining slate of nominees without delay.”

The Senate Banking Committee backed Ex-Im board nominees Spencer Bachus, Kimberly Reed, Claudia Slacik and Judith Pryor, who the NAM strongly supported, as well as Inspector General nominee Mark Greenblatt. The NAM has been the business community’s leading advocate for a fully functional Ex-Im Bank and has led its opposition to Garrett’s nomination. Read the NAM’s fact sheet on the Ex-Im Bank here.

-NAM-


The National Association of Manufacturers (NAM) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12 million men and women, contributes $2.17 trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for more than three-quarters of private-sector research and development. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org..

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