I'd be concerned that we operate under laws that hinder our competitiveness and change senior management with every election cycle. These underlying weaknesses barely show up on the radar screen of today's strong economy. But I firmly believe that if we continue to operate in this manner, ultimately we will export fewer US goods and more US jobs.
Sanctions flip our exports on and off like a light switch.
This erodes our reputation for reliability. I also would like to see a fresh analysis of the Chafee amendment which allows the President or the Secretary of State to stop any export financing transaction. We should examine the whole range of well-intentioned policies to ensure that they continue to serve their goals. Harmon praised Ex-Im Bank's solid progress over the past three years, including such accomplishments as aiding Russia's transformation to a market economy and helping stabilize Asia and Latin America in the wake of the global financial crisis. Regardless of the political landscape, I will offer to the next Administration to remain as chairman until my successor is sworn into office.