The Hill: House Poised to Let Ex-Im Bank Expire

In case you missed colloquy today, Leader McCarthy confirmed three times that House GOP leaders have no plans to allow a vote to reauthorize the Export-Import Bank. From the Hill:

“In a testy exchange on the House floor Thursday afternoon, Minority Whip Steny Hoyer (D-Md.) asked McCarthy three times to confirm that the House would not vote on a reauthorization bill before the deadline.”

“‘There is no action pending, scheduled before the House,’ McCarthy said.”

“‘I apologize. Could the gentleman repeat himself?’ Hoyer asked.”

"There is no action scheduled for this House, no," McCarthy said.

“Hoyer noted ‘sadly’ that the House's 188 Democrats and 60 Republicans who have endorsed Rep. Stephen Fincher's (R-Tenn.) bill to reauthorize the bank show that the votes are there.”

“Last week, the Senate conducted a test vote that supporters of the bank said demonstrated their ability to break a filibuster against its renewal.”

The votes are there in the House and Senate to pass a long-term reauthorization of the Ex-Im Bank, but it appears GOP leaders are ready to put American businesses at a disadvantage with their global competitors and risk jobs here at home. The business communityhasseriousconcerns with GOP inaction, and we have a feeling that pressure will continue to mount with only one week left to reauthorize the Bank.