One of the cornerstones of Donald Trump's campaign for president was a promise to boost American manufacturing and work with U.S. businesses on "Made in America" jobs. When he was elected, President Trump cemented that commitment by meeting with top manufacturing CEOs to develop a pro jobs-agenda and visiting workers at iconic American manufacturers.
In April, the president took another step in support of U.S. manufacturers by announcing his support for the U.S. Export-Import Bank...But what has been surprising is his decision to nominate former New Jersey Congressman Scott Garrett as president of the bank...former Congressman Garrett strongly opposes the Ex-Im Bank. He has voted more than a dozen times to shut it down and argued that the bank's support for American manufacturers and small businesses is not necessary.
In reality, Ex-Im is a small agency with just 400 staff members that actually runs a surplus - returning the fees and interest it charges for its services to the public Treasury, nearly $4 billion since 2009.
Congress has made its views clear with repeated, bipartisan votes in support of the U.S. Ex-Im Bank - one of the few areas it seems Republicans and Democrats can agree on these days. Certainly, Trump should have the freedom to nominate a skeptic who plans to further reform or strictly manage the bank. Even if we disagreed with such a nominee on some of the particulars - the bank, after all is one of the most efficient, well-managed agencies in the federal government today - we would support him or her in keeping with the president's traditional prerogatives on personnel.
But we cannot support a nominee who is flatly opposed to the existence of the bank - one who would destroy the Texas jobs the bank helps create and unilaterally disarm American businesses on the global stage out of misguided ideology. Nor can we understand why someone who has a track record of voting against the bank's re-authorization and who has said that "Congress should put the Export-Import Bank out of businesses" would want to lead this agency. Read more.
August 30, 2017
The following can be attributed to Tony Bennett, president and CEO of the Texas Association of Manufacturers:
“Texas manufacturing facilities – including chemical plants, refineries, and food and beverage production – carefully plan and practice shutdown and start up procedures to protect workers, facilities, and product quality before, during and after a major storm. Many manufacturing facilities along the Texas Gulf Coast shut down ahead of Hurricane Harvey as part of their preparedness plans.
As the storm moves on and manufacturers begin recovery and restart efforts, safety will be the number one priority.
Each facility must be inspected for damage, repaired as necessary and deemed safe for employees and contractors to return to work. To restart, a manufacturing facility needs power, access to pipelines and other transportation infrastructure, feedstock materials, and a fully staffed workforce to manufacture their products.
Texas manufacturing facilities affected by Hurricane Harvey are working to restore operations as quickly and safely as possible.”