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Congresswoman Joyce Beatty

Representing the 3rd District of Ohio

Beatty Calls on Senate Banking Committee to Oppose Garrett Export-Import Bank Nomination

Nov 9, 2017
Press Release

Beatty Calls on Senate Banking Committee to Oppose Garrett Export-Import Bank Nomination

As a Member of Congress, Scott Garrett was a chief critic of the Export-Import Bank

WASHINGTON, D.C. – Today, U.S. Congresswoman Joyce Beatty (OH-03) sent a letter to Senate Banking Committee Chairman Michael Crapo, (R-ID), Ranking Member Sherrod Brown (D-OH) and all Committee members urging them to oppose former Representative Scott Garrett’s (R-NJ) nomination as head of the Export-Import Bank of the United States. President Donald Trump nominated Garrett to the post on June 19, 2017, and his confirmation hearing concluded on November 1, 2017. The Senate Banking Committee is expected to vote on advancing his nomination in the coming weeks.

During his time in Congress, Garrett was an outspoken opponent of the Export-Import Bank, working hard to see that its charter expire for more than five months and hamstringing the Bank’s ongoing ability to do its work effectively. In addition, he publicly lambasted the Bank, calling it an example of “crony capitalism,” “taxpayer welfare,” “un-American,” and even suggested that it brings harm to “American families on a daily basis.”

“Garrett’s fiery comments about and fierce, long-standing opposition to the Export-Import Bank calls into serious question his ability and dedication to carrying out his potential responsibilities as President of the Export-Import Bank,” Beatty said. “That is why I call on the Senate Banking Committee and all Senators to exercise their constitutionally-mandated right to advise and consent by rejecting Garrett’s nomination.” Beatty continued, “The Bank needs a leader who is committed to its mission and the numerous small businesses and communities it helps through its important work.”

In the State of Ohio, since 2013, the Export-Import Bank has provided support to 216 business entities, including 129 small businesses, 13 minority-owned businesses and 16 women-owned businesses—representing $1 billion in exported goods and products.       

A copy of the letter can be found below:

Dear Chairman Crapo and Ranking Member Brown:

I write to urge your opposition to the confirmation of former Representative Scott Garrett’s nomination to be President of the Export-Import Bank of the United States.

As a former colleague of Mr. Garrett in the U.S. House of Representatives and the Committee on Financial Services, I believe that Mr. Garrett’s nomination to lead the Export-Import Bank is not in the best interest of the mission and objectives of the Bank, or in the best interests of the American people and businesses that rely on the Bank to export American manufactured goods and services. Then-Representative Scott Garrett was one of the most vocal opponents to the Export-Import Bank in the U.S. House of Representatives and Committee on Financial Services. Not only did he repeatedly vote against legislation to reauthorize the Bank, but he also made several troublesome comments, such as describing the Bank as “crony capitalism,” “taxpayer welfare,” “un-American,” and even suggesting that it brings harm to “American families on a daily basis.” Comments like these calls into question his commitment and dedication in carrying out his potential responsibilities as President of the Export-Import Bank.

I understand that, as granted through the U.S. Constitution, it is within the prerogative of the United States Senate to advise and consent on the nominations of the President of the United States. However, as a former colleague of Mr. Garrett, and as a Member of Congress that represents many companies that have been able to export manufactured goods and services abroad with help from the Export-Import Bank, I find that I must strongly urge opposition to Mr. Garrett’s nomination.

Sincerely,

Joyce Beatty

Member of Congress, OH-03