Press Releases

WASHINGTON – Today, Senator Mike Lee (R-UT) introduced legislation to repeal the authority of the Export-Import Bank of the United States and create a defined process for the phasedown of the bank.  Congressman Justin Amash (R-MI) introduced companion legislation in the House of Representatives.

“The Export-Import Bank is a source of corporate welfare that puts taxpayers at unnecessary risk,” said Senator Lee.  “Instead of subsidizing exports, which encourages an international corporate subsidy bidding war, we should be using multilateral agreements to eliminate business subsidies in all nations.  The Ex-Im Bank has outlived its usefulness and it’s time to end the Bank’s market distortion and political cronyism.”

“The Export-Import Bank has always been a bad idea and needs to be shut down,” Rep. Amash said.  “Export subsidies, like those provided by the Export-Import Bank, serve only to enrich well-connected special interests at the expense of the rest of the country.”
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Honor Utah Veterans Gallery

As we approach Veterans Day on November 11, I am creating a photo gallery display in my Senate office memorializing the service of Utah’s veterans. If you are one of the brave Americans who has served or is serving, or if you are the friend or family member of a veteran - you are invited to share a photograph on Instagram that captures their commitment to country and their willingness to sacrifice.