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Subcommittee Hearing: Evaluating the Export-Import Bank in the Global Economy

Date:
Location:
2172 Rayburn House Office Building

Webcast

Opening Statements

Chairman Poe on the hearing: "It has been over three months since the authorization of the Export-Import Bank of the United States expired. The Senate voted to revive the bank and the House is set to vote on reauthorization later this month. While some see the Bank as essential for U.S. businesses to compete globally, opponents of the Bank see it as corporate welfare at odds with the free market.  The hearing will provide members the opportunity to hear from experts on the issue and gain a better understanding of the ramifications of the Export-Import Bank ahead of the important vote on October 26."
Witnesses
Ms. Diane Katz Senior Research Fellow in Regulatory Policy The Institute for Economic Freedom and Opportunity The Heritage Foundation [full text of statement] [truth in testimony form]    Mr. T.J. Raguso Executive Vice President International Division Amegy Bank National Association [full text of statement] [truth in testimony form] Mr. Tyler Schroeder Financial Analyst Air Tractor Inc. [full text of statement] [truth in testimony form] Loren B. Thompson, Ph.D. Chief Operating Officer Lexington Institute [full text of statement] [truth in testimony form] ____________________________

Hearing transcript (PDF)