Vice Chair Crowley Applauds Passage of Legislation Reauthorizing the Export-Import Bank

October 27, 2015
Press Release

(Washington, D.C.) –Today, Rep. Joe Crowley (D-Queens, the Bronx), Vice Chair of the Democratic Caucus, released the statement below following passage of legislation reauthorizing the Export-Import Bank after House Republicans shut it down this summer, putting thousands of U.S. jobs and America’s economic competitiveness at risk. The Export-Import Bank provides assistance to American businesses that export goods and services overseas. Earlier this month, 218 House Democrats and Republicans signed a discharge petition, a procedural move to force Republican leaders to allow a vote on the legislation.

“As a Congress, we should take steps to help American companies compete and succeed in the global economy, not hinder their ability to do business and jeopardize American jobs. But that’s exactly what House Republican leaders did when they allowed the Export-Import Bank to expire in July – an action that forced companies like GE to move hundreds of jobs overseas. The Export-Import Bank is a critical tool for American businesses, big and small, that helps level the playing field against foreign competitors, sustains and creates American jobs. Thanks to the support from Democrats, dozens of Republicans, business leaders, and workers, the House took important action today to revive the Export-Import Bank and strengthen our economy.”

Congressman Crowley is the nine-term representative from the 14th Congressional District of New York, which includes sections of Queens and the Bronx. He is a member of the powerful Ways and Means Committee and serves as Vice Chair of the Democratic Caucus in the House of Representatives.