CORKER SAYS FAILURE TO APPLY MINIMUM CAPITAL STANDARDS TO EX-IM BANK NEEDLESSLY PUTS TAXPAYERS AT RISK FOR POTENTIAL BAILOUT
May 15, 2012
WASHINGTON – U.S. Senator Bob Corker, R-Tenn., today voted against the Export-Import Bank reauthorization bill (H.R.2072) because it needlessly puts taxpayers at risk for a potential bailout. After defeating Corker’s amendment (amdt.#2102) requiring a 10 percent minimum capital standard and certification of foreign exports, the Senate passed H.R.2072 by a vote of 78 to 20. “The failure to impose even minimum capital standards for an entity with explicit backing from taxpayers demonstrates that Congress has learned very little from the financial crisis of 2008. Without reaso... [continue]Featured Videos
May 5, 2012 - Senator Corker delivered the Weekly Republican Address today, calling for pro-growth tax reform and a long-term plan to reduce our debt and strengthen Social Security and Medicare for the long haul.
View All Videos
May 14, 2012 - Sen. Corker meets with Chattanooga Police Officer Lorin Johnston, a 2012 TOP COPS award recipient. The annual TOP COPS awards, sponsored by the National Association of Police Organizations, recognize law enforcement officers from around the country for actions above and beyond the call of duty.
Choose your region by
selecting your county
selecting your county








