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    US manufacturers wants Trump's export bank nominee gone

    来源:shippingazette.com    编辑:编辑部    发布:2017/11/02 09:50:08

    FORMER Scott Garrett's Republican nomination to head the US Export-Import Bank is opposed by the US National Association of Manufacturers (NAM) because he opposes state export financing the lenders principal function.

    In a letter to the Senate Banking Committee, the NAM called Mr Garrett "untrustworthy and unqualified" given his earlier efforts to shut it down, reports Bloomberg. 

    The Ex-Im Bank helps foreign companies buy American goods when private banks won't provide financing.

    "His confirmation would be catastrophic to US exporters, manufacturing workers and families," the letter says.

    Mr Garrett was nominated by President Donald Trump for the Ex-Im job, is scheduled to testify before the Senate Banking Committee this week, along with several nominees for the bank's board of directors.

    The NAM, which supports Trump on other issues, has been campaigning against Mr Garrett for months and whose CEO Jay Timmons wrote to him, urging him to withdraw.

    "Your zealous efforts to destroy the Ex-Im Bank disrespect our hardworking American manufacturing workers and their families and have been a stinging slap in the face to the communities those workers call home," Mr Timmons wrote.

    Mr Garrett, a founder of the Congressional conservative Freedom Caucus, lost his 2016 re-election bid allegedly because he was against expanding the civil status of homosexuals.