Larson Commends Bipartisan Vote for Export-Import Bank
Washington – Today, the House of Representatives voted to renew the charter of the Export-Import Bank, which expired on June 30, 2015, through a rarely-utilized procedure known as a discharge petition. Rep. John B. Larson (CT-01) released the following statement:
“Congress took an important step towards reviving the Export-Import bank and proving we can still work together in a bipartisan manner for the good of the American people,” said Larson. “I commend the 127 brave Republicans who went against the extreme elements of their conference to protect and preserve American jobs. Clearly we should have brought this measure to the floor months ago, as it has broad bipartisan support. This should at least be an indication for the Senate that the Export-Import Bank will live again as long as it is given a vote. I have long advocated for Congress to return to regular order so we can pass commonsense legislation such as a long-term highway bill or immigration reform, and this historic vote will serve as model for future governance.
“Today’s vote demonstrates that we can work across the aisle. I hope this will be a turning point for Congress, and I am tremendously proud to join my colleagues on both sides of the aisle in voting to revive the Export-Import Bank. Supporting our small businesses and manufacturers is neither Democratic nor Republican: it is American.”
The discharge petition to reauthorize the Export-Import Bank reached 218 signatories on October 9, 2015. Discharge petitions originated in 1910, and have been utilized only five times in the last eighty years. A discharge petition was last brought forward in 2002 to trigger a vote on the Bipartisan Campaign Reform Act.