Rep Cmte Financial Services

Hensarling Statement on President Trump's Nominations to the Export-Import Bank

Washington, Apr 17 -

Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement on President Trump's nominations to the Export-Import Bank:

"While Ex-Im's subsidies to foreign competitors continue to threaten free enterprise here at home, I can think of no one more qualified than Scott Garrett and Spencer Bachus to steer the institution towards reform. Having worked with both of these gentlemen closely on the Financial Services Committee, I am hopeful they will safeguard taxpayer dollars and put an end to the Bank's well-documented management failures. With Ex-Im so captured by special interests, the President was right to choose principled leaders like these to safeguard the agency against further mission creep, fraud, waste and abuse."