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Courtney statement on Export-Import Bank reauthorization

October 27, 2015
Press Release

WASHINGTON—Congressman Joe Courtney (CT-2) released the following statement after voting to reauthorize the U.S. Export-Import Bank, after a months-long shutdown forced by the House GOP conference. The vote today was the product of a discharge petition supported unanimously by House Democrats.

"The Export-Import Bank has provided necessary financing for U.S. exporters—with bipartisan support in Washington—for more than 80 years," Courtney said. "This year, the far-right wing of the House GOP launched an unprecedented partisan attack on the bank, which provides support to hundreds of thousands of jobs and returns millions in revenue to the U.S. Treasury each year. Companies in Connecticut and across the country need reliable access to affordable financing options to backstop their export deals in order to compete in the global economy, and American workers and families rely on the good jobs they provide."

"I am pleased that our months-long effort to force an up-or-down vote on reauthorization of the Export-Import Bank has finally yielded results for Connecticut’s economy, reopening paths to overseas trade and potential for continued growth in our state’s export markets."