June 16, 2015

Today Congresswoman Dina Titus of Nevada’s First District spoke on the House Floor to call for the reauthorization of the Export-Import Bank. Below are her remarks: 

“I rise today to urge Republican leadership to stop blocking the will of the House and immediately call a vote to reauthorize the Export-Import Bank, set to expire June 30.

“This May, I hosted Fred Hochberg, Chairman of the Ex-Im Bank, in my District to tour Innova Technologies, a leader in civil-structural engineering and one of 32 Nevada companies working with the Bank. 

“At a time when our local economy was fighting to recover from the recession and unemployment was rampant, the Bank provided critical support that allowed Innova not just to survive, but nearly double its work force. 

“In 2014 alone, the Bank supported 164,000 jobs and reduced the federal deficit by $675 million dollars. In Nevada it helped increase our export value by $165 million. 

“Now is the time for a long-term reauthorization to renew, reenergize, and reform the Bank, so that it can continue supporting businesses and creating jobs in Nevada and across the country.

“I yield back.”