Quantcast American Conservative Union | Oppose cloture on the Hochburg nomination Oppose cloture on the Hochburg nomination | American Conservative Union

Oppose cloture on the Hochburg nomination

July 14, 2013

Dear Senator,

On behalf of the American Conservative Union, I urge you to vote against cloture on the nomination of Fred Hochberg for another term as Chairman of the Export-Import Bank.  Despite the promises made at the time of the Bank’s reauthorization last year, Fred Hochberg has resisted every effort at reform and the Treasury Department has failed to fulfill the requirements of that authorization as well.

The agency’s own Inspector General has criticized the Export-Import’s Bank poor management and its concentration in airline subsidies, which have accounted for the vast majority of the Bank’s subsidy program in recent years.  The IG’s recommendations included stress testing, creating a chief risk officer and giving the Bank’s board more authority.  Hochberg resisted these recommendations for eight months, appointing a risk officer only when a House hearings turned up the heat and his term was about to expire.

At the same time, the Treasury Department has ignored the provision in the reauthorization to negotiate with the European Union to reduce and work toward eliminating export subsidies on both sides.  Before Hochberg is confirmed for another term, it’s essential that he agree to more reforms and the Treasury Department follows the law and starts negotiations to end worldwide export subsidies which in the U.S. have harmed U.S. companies and helped their competitors abroad.

Please vote “NO” on cloture to confirm Fred Hochberg as Chairman of the Export-Import Bank.

Sincerely,

Larry Hart

Director of Government Relations

American Conservative Union

Join ACU

The ACU Blog

ACU: Vote YES on HR 1695, the Register of Copyrights Selection and Accountability Act

Dear Member of Congress,

On behalf of the American Conservative Union (ACU), I urge you to vote “YES” when HR 1695, the Register of Copyrights

American Conservative Union Foundation Announces Ratings for the 2016 meeting of the Michigan Legislature

WASHINGTON DC – The American Conservative Union Foundation (ACU) released its 2016 ratings of the Michigan Legislature. In our fifth year of rating the state,

ACU: We’re glad FCC Chairman Pai slammed the brakes on predecessor’s regulatory takeover

FOR IMMEDIATE RELEASE Friday, March 31, 2017

(WASHINGTON DC) — “I am today ordering a freeze on all prices … throughout the United States.”

Guess

American Conservative Union Foundation Announces Ratings for the 2016 meeting of the New York Legislature

American Conservative Union Foundation Announces Ratings for the 2016 meeting of the New York Legislature

WASHINGTON DC – The American Conservative Union Foundation (ACU) released

CPAC 365

1331 H St NW Suite 500
Washington, DC 20005
Ph: (202) 347-9388 | Fx: (202) 347-9389

Contact Us
Privacy Policy
Careers

ACU. All Rights Reserved.

Founded in 1964, the American Conservative Union (ACU) is the original conservative organization in the nation. For more than fifty years, ACU has served as an umbrella organization harnessing the collective strength of conservative organizations fighting for Americans who are concerned with liberty, personal responsibility, traditional values, and strong national defense. As America's premier conservative voice, ACU is the leading entity in providing conservative positions on issues to Congress, the Executive Branch, State Legislatures, the media, political candidates, and the public. Read More