National Association of Manufacturers (NAM) President and CEO Jay Timmons today expressed manufacturers’ strong opposition to the nomination of Scott Garrett to lead the Export-Import (Ex-Im) Bank. Below are key excerpts from Timmons’ Wall Street Journal op-ed:
“President Trump has been a vigorous and outspoken supporter of manufacturers.”
“(Scott) Garrett’s confirmation (as chairman of the Ex-Im Bank) would be a terrible trade deal for our country. His record of aggressively undermining the Ex-Im Bank is tantamount to a vicious trade war against American manufacturing workers.”
“American manufacturers are thankful to have a president who is willing to break through all of the rhetoric and misinformation about the Ex-Im Bank in order to get it—and America—back in business. But the politician who is angling to lead it, (Scott) Garrett, would do exactly the opposite.”
“Those like (Scott) Garrett who have stood in the path of a fully functioning Ex-Im Bank are responsible for moving our jobs, our wealth and our factories to other countries.”
Timmons says Garrett’s nomination should be withdrawn.
Learn more about how the Ex-Im Bank helps manufacturers compete and win around the world here.