CEO DATELINE - NAM ramps up campaign against Ex-Im Bank nominee
CEO DATELINE - NAM ramps up campaign against Ex-Im Bank nominee
- August 23, 2017 |
- Walt Williams
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The National Association of Manufacturers is urging lawmakers to oppose President Donald Trump's nomination of former Rep. Scott Garrett (R-N.J.) to be president of the Export-Import Bank.
Garrett is a founding member of the House Freedom Caucus and has called for elimination of the Ex-Im Bank, once saying the institution "embodies the corruption of the free enterprise system." NAM CEO Jay Timmons had previously vented his industry's frustrations about Garrett in a Wall Street Journal op-ed. Now the association is taking out radio and online ads in South Dakota, South Carolina and Nevada to pressure senators in those states to vote against the nomination.
"Scott Garrett's confirmation to lead the Ex-Im Bank would be a terrible trade deal for Nevada's manufacturing community and the more than 1.4 million American manufacturing workers whose jobs depend on the agency," Timmons said in statement about the Nevada ads. "Scott Garrett voted to kill the Ex-Im Bank over a dozen times while he was in Congress, which amounts to voting to send Nevada manufacturers and jobs overseas."
Trump himself has seemingly reversed his position on the question of whether the Ex-Im Bank should continue to exist. He railed against the institution during his presidential campaign, but more recently has expressed support for reforming rather than eliminating it. http://bit.ly/2vXRXuH
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