The motion, called a discharge petition, needs the support of a majority of the House — or 218 members — in order to move forward, a tally Ex-Im supporters said they have secured.
“We refuse to look any more hardworking Americans in the eye and say, ‘you lost your job because Congress refused to hold a vote,’ ” Fincher said in a statement. Only about 40 Republicans signed the discharge petition, meaning Fincher and his Republican allies had to rely mostly on Democratic support to force the vote.
The Export-Import Bank is the official credit export agency of the United States and it provides loans to help finance the sale of U.S. goods to foreign buyers. Over the last two years, it has become the subject of an intense lobbying fight with conservative Republicans pushing to kill the agency arguing it is a prime example of “crony capitalism.” It’s supporters argue it helps create jobs and is important to their districts.
Hoyer kickstarted the process in July when he approached Fincher to work on a bipartisan plan to revive the expired agency. Aides said the Democratic whip staff called every House Democrat, ultimately delivering more than 170 votes to bring the bill to the House floor.