Should Congress reauthorize the Export-Import Bank for another 10 years?

This bill has Passed the House of Representatives
Bill Summary

H.R. 4863 reauthorizes the Export-Import Bank for another 10 years. It will increase support for small businesses and US territories, and there will be added emphasis on inclusion and diversity. There will be new restrictions on who can receive benefits from the bank, including anyone from the People’s Liberation Army in China, anyone on the Denied Persons List, among others. Sponsor: Rep. Maxine Waters (Democrat, California, District 43)
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Opponents say

“H.R. 4863 does nothing to address China's growing dominance in the global market nor does it ensure that the Export-Import Bank will implement the needed reforms to ensure that it operates effectively… H.R. 4863 represents a missed opportunity to legislate responsibly and will fail to secure a long-term reauthorization for Ex-Im. By pursuing a partisan approach, Committee Democrats do a disservice to the Bank and to American exporters.” - Financial Services Committee Minority Views

Proponents say

“The reauthorization of the Export-Import Bank will create and protect good-paying American jobs. That’s why having a robust Bank has been a top priority of mine since I was first elected to Congress. Not only will this reauthorization bill help small businesses compete in global markets, but it will enable the U.S. to continue to be a country that is home to the most advanced manufacturing in the world. I’m proud we succeeded and will keep fighting to get this signed into law.” - Rep Denny Heck (Democrat, Washington, District 10)