On Tuesday, the Senate Banking Committee rejected President Trump’s nominee to lead the Export-Import Bank.
The panel in a 10-13 vote declined to advance the nomination of Scott Garrett. Garrett’s nomination was deeply controversial with both the Committee and several business groups, due to his past attempts to disband the Ex-Im bank.
“The Senate Banking Committee did right by America’s manufacturing workers today by rejecting Scott Garrett’s nomination,” said NAM President and CEO Jay Timmons.
“This agency, which has supported 1.4 million jobs over the past several years, is too important for manufacturers and our economy to be led by someone who has consistently tried to destroy it,” Timmons said.