I fear that the nominees in front of us today are only going to make things worse. We have two nominees for key positions at the ex IM Bank, Mr. Slade and Mr. Rigas. The small businesses and big manufacturers that use Ex IM are hurting from the President's war and from the President's tariffs, which have raised the cost of materials while record diesel prices drive up the cost of shipping. We need the Ex IM bank to strengthen critical supply chains and help small businesses in the United States grow and compete. And there's broad bipartisan support for an Ex IM reauthorization. (07:02–07:19)
STATEMENT
Asserts that President Trump's tariffs and policies are harming small businesses and manufacturers by increasing costs.
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