Washington, D.C. - U.S. Senator Pat Toomey (R-Pa.) released the following statement in reaction to the Export-Import Bank's decision to accept public comments regarding certain activities and lending protocols:
"Yesterday, the Export-Import Bank announced that it is accepting public comments regarding the economic impact of certain activities and lending protocols. I remain a skeptic of the Ex-Im Bank, but this is a constructive step that may lead to ensuring that the Bank does not crowd out private financing or harm domestic companies that do not receive Ex-Im support. While other important reforms are essential, Chairman Reed made a commitment to be a reformer at the bank and I commend her for beginning that process. I look forward to continuing to work with her as reform efforts progress."
You may view the Ex-Im Bank's announcement here.