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Sanders’ Stance on Ex-Im Bank Hurts American Workers

Tonight, Bernie Sanders continued attacking Hillary Clinton for her support of trade deals while continuing to tout his opposition of the Ex-Im Bank, which supports American businesses and American jobs. Sanders was “the only member of the Senate Democratic caucus” to oppose Ex-Im, which supports thousands of American small businesses and jobs throughout the nation. His stance has earned him praise from extreme right-wing groups like the Koch-funded Freedom Partners and Heritage Action.

Plain and simple: Sanders stance against the Ex-Im Bank puts him at odds with the best interest of American workers.

  • Headline: “Bernie Sanders Is GOP Ally In Opposing The Export-Import Bank.” [“Bernie Sanders Is GOP Ally In Opposing The Export-Import Bank,” International Business Times, 10/5/15]
  • 2015: Bernie Sanders was the only member of the Senate Democratic caucus to oppose re-authorization the Ex-Im Bank.  [Morning Consult, 7/8/15; HR 22, Vote #256, 7/27/15; CQ Floor Votes, 7/27/15]
  • The Export-Import Bank supported 1.4 million private-sector American jobs since 2008, including 109,000 in FY 2015. By financing the export of American goods and services, EXIM Bank has supported 1.4 million private-sector, American jobs in the past seven years, supporting 109,000 jobs in FY 2015 alone.  [Export-Import Bank of the United States, Annual Report,2015]
  • Nearly 90% of the Export-Import Bank’s transactions in FY 2015 supported American small business. Small business exporters need certainty and protection to tackle new markets, expand and create jobs. In FY 2015, nearly 90 percent of EXIM Bank’s transactions—more than 2,300—directly supported American small businesses.  [Export-Import Bank of the United States, Annual Report, 2015]

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