NAM CEO Defends Ex-Im in Washington Post
National Association of Manufacturers President and CEO Jay Timmons took to the pages of the Washington Post on Sunday to help make clear the importance of the Export-Import Bank for U.S. manufacturers. Timmons wrote:
Around the world, our competitor countries are running about 100 export credit agencies. Without the Ex-Im Bank to help companies secure loans and close deals, other countries would use their agencies to lure manufacturers to their shores and steal jobs from the United States. Shutting down the Ex-Im Bank would hand China a significant economic victory.