Hensarling: “It’s Important for Every Member of Congress to Understand the Full Extent of Ex-Im Corruption, Mismanagement and Cronyism Before Deciding Whether the Bank Should Continue.”
Washington,
July 29, 2014
Financial Services Committee Chairman Jeb Hensarling (R-TX) today issued the following statement about today’s hearing on allegations of corruption at the Export-Import Bank: "The Export-Import Bank has a long and unfortunate history when it comes to ethical lapses and mismanagement, and today we shockingly learned there are 40 active and ongoing investigations of fraud at Ex-Im. It's important for every member of Congress to understand the full extent of Ex-Im corruption, mismanagement and cronyism before deciding whether the Bank should continue. That’s why the Financial Services Committee will soon be requesting information and records from Ex-Im about these 40 active investigations of fraud at the Bank.”
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