Paul Ryan on the Export-Import Bank: “Let it go”

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The Club for Growth stands with Ryan, McCarthy, Scalise, Hensarling, and many others in calling for an end to Ex-Im.

Washington, DC – The Club for Growth thanked Congressman Paul Ryan, Chairman of the House Ways and Means Committee, for his published remarks today on the Export-Import Bank. When asked by reporters what Congress should do about the bank’s authorization, which is scheduled to expire in June, Ryan said, “I think we should let it expire. Just let it go. Absolutely.”

 

“Paul Ryan has been a steady voice calling for an end to the Export-Import Bank, and its corporate welfare,” said Club for Growth President David McIntosh. “We’re delighted to stand with Chairman Ryan, House Majority Leader Kevin McCarthy, Majority Whip Steve Scalise, Financial Services Committee Chair Jeb Hensarling, the six Republicans – all looking at a possible run for the presidency – who spoke at the Club’s Winter Economic Conference, and many others who have said that Ex-Im should not be reauthorized. Ex-Im is another example of government trying to do what the private sector does best, and doing it badly. Like Congressman Ryan, we say of Ex-Im: ‘let it go.’”

The six Republicans who spoke out against the Export-Import Bank at the Club’s Winter Conference were former Governor Jeb Bush, Governors Bobby Jindal, Mike Pence, and Scott Walker, and Senators Ted Cruz and Marco Rubio.

 

The Club for Growth is the nation’s leading group promoting economic freedom through legislative involvement, issue advocacy, research, and education.