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Fincher Supports U.S. Ex-Im Bank Reform Legislation

Press release from U.S. Rep. Stephen Fincher, R-Tenn. 08; January 28, 2015:

Reform Bill Will Support Job Growth, Minimize Risk,and Enhance Accountability

Washington, D.C. – Congressman Stephen Fincher (R-TN) today made the following statement regarding H.R. 597, The Reform Exports and Expand the American Economy Act, to reform the U.S. Export-Import Bank which was introduced and cosponsored by 58 Members of Congress.

“The U.S. Ex-Im Bank has been a job-creator since its inception, yet it is in dire need of major reforms to ensure its ability to continue creating jobs at no expense to the taxpayer. In reforming the Ex-Im Bank, we’ll make its practices more accountable and transparent than ever before. We’ll also enhance taxpayer protections by requiring the Bank to become more solvent and self-sufficient.”

“People in my District, and across the country, are demanding more economic opportunities and expansion of the job-market. We can meet their demands by taking action now and supporting reforms to the Ex-Im Bank that improve its ability to support jobs and growth in communities across the nation.”

Legislative reforms include:

  • Increased capital requirements for loan-loss reserves to protect taxpayers from future defaults;
  • Reduced taxpayer exposure from $140 billion to $130 billion;
  • Parallel GAAP reporting;
  • Making the EX-IM Bank the lender of last resort;
  • Increased risk sharing by private sector lenders and exporters;
  • Enhanced multilateral negotiations to reign in official export credit from OECD countries as well as non-OECD countries like China;
  • A clearly defined a role for the Chief Risk Officer and members of the Board of Directors that provides balance with the Bank’s Chairman;
  • Required independent audit of the Bank’s portfolio; and
  • Greater anti-corruption safeguards.

Cosponsors Include: Aderholt, Amodei, Barletta, Bost, Boustany, Bucshon, Calvert, Cole, Collins, Comstock, Costello, Cramer, Crawford, Crenshaw, Davis, Dold, Gibbs, Gibson, Graves, Hanna, Harper, Hartzler, Hultgren, Hunter, Johnson, Jolly, Joyce, Katko, Kelly, King, Kinzinger, LoBiondo, Long, Lucas, MacArthur, Marino, Meehan, Mica, Mullin, Newhouse, Pitts, Reed, Reichert, Rice, Rogers, Schock, Shimkus, Shuster, Stefanik, Stivers, Thompson, Tiberi, Turner, Valadao, Wagner, Walorski, and Wilson.

 

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Alexander Announces First Round of Democrat, Independent Supporters

Press release from the Campaign for Lamar Alexander for U.S. Senate; August 10, 2014:

First round of Democrats and Independents includes former Congressman John Tanner, seven former or current mayors, former UT football Coach Johnny Majors, an Olympic Gold Medalist and numerous civic and political leaders from across the state

NASHVILLE – The Alexander for Senate campaign today announced the first round of “Tennesseans for Alexander,” a list of Democrats and Independents statewide who are supporting Lamar Alexander’s re-election to the U.S. Senate this fall.

“Every time I’ve run for office I’ve done my best to earn the support of Democrats and Independents as well as Republicans, because it is my job to represent all Tennesseans once I am elected,” Alexander said. “My goal is to get results, and that means working with people who know how to help solve problems for Tennessee and for our country.”

During his 2008 re-election campaign, Alexander announced two rounds of “Tennesseans for Alexander,” totaling more than 50 members. This year’s first round includes 30 members.

Former Congressman John Tanner, a Democrat who represented the 8th Congressional District from 1989 to 2011 and was in the Tennessee General Assembly from 1976 to 1988, joined the group this year. Tanner said he is supporting Alexander after years of working together on roads, the Northwest Tennessee Regional Port Authority and other issues.

“There are times in this business when friendships and loyalties should be more important than politics, and this is one of those times,” Tanner said. “Lamar Alexander has always been a friend and loyal to my old district, helping us do everything we needed to do to be successful and bring jobs to rural West Tennessee.”

This year’s list is geographically balanced across East, Middle and West Tennessee and also includes seven current or former mayors, an Olympic gold medalist, former University of Tennessee Coach Johnny Majors and numerous civic and political leaders. The list includes:

East Tennessee

  • Oak Ridge Mayor Tom Beehan
  • Etta Clark, Eastman executive from Kingsport
  • Jim Hall of Chattanooga, aide to former Gov. Ned McWherter and chairman of the National Transportation Safety Board during the Clinton administration
  • Jack Fishman, Morristown-based business man, civic leader and newspaper publisher
  • Former University of Tennessee President Joe Johnson
  • Former Chattanooga Mayor Jon Kinsey
  • Johnny Majors, former University of Tennessee football coach
  • Former State Senator Carl Moore of Bristol
  • Former Knox County Mayor Tommy Schumpert

Middle Tennessee

  • Steve Bogard, Nashville songwriter
  • Dave Cooley, deputy and chief of staff to former Gov. Phil Bredesen
  • Aubrey Harwell, prominent Nashville attorney
  • State Senator Doug Henry, longest-serving member of the Tennessee General Assembly
  • Patsy Mathews, political activist and widow of former U.S. Senator Harlan Mathews
  • Linda Peak Schacht, Nashville university professor and former aide to President Jimmy Carter and former Senate Majority Leader Robert Byrd
  • James Pratt, former staffer to former U.S. Senator Jim Sasser
  • Former Nashville Mayor Bill Purcell
  • Fate Thomas, Jr. of Nashville, who recently resurrected the Sure Shot Rabbit Hunter’s Supper, a gathering for Middle Tennessee politicians founded by his father, the late Sheriff Fate Thomas
  • Anna Windrow, Nashville business woman, former aide to former Lt. Gov. Frank Gorrell, former Senator Jim Sasser and former Gov. Phil Bredesen
  • Emily Wiseman, former executive director of the Tennessee Commission on Aging

West Tennessee

  • Laura Adams, executive director of Shelby Farms Park
  • Former State Supreme Court Judge George Brown, the first African American to serve on the court, appointed by then-Gov. Alexander
  • Brenda Duckett, Memphis business woman and community education activist
  • Jackson Mayor Jerry Gist
  • Bishop William Graves of Memphis, former senior bishop of Christian Methodist Episcopal Church and former member of the Tennessee Valley Authority board
  • Former Memphis Mayor Willie Herenton
  • Cato Johnson, Memphis hospital executive
  • Former Shelby County Mayor Bill Morris
  • Rochelle Stevens, Memphis business woman and Olympic gold medalist
  • Former Congressman John Tanner

The Alexander campaign is chaired by Congressman Jimmy Duncan, with co-chairmen Governor Bill Haslam, U.S. Senator Bob Corker, Lt. Gov. Ron Ramsey, Speaker Beth Harwell, as well as Congressmen Blackburn, Roe, Black, Fincher, and Fleischmann.

The campaign’s Honorary Co-Chairmen include former U.S. Senators Howard Baker (1925-2014), Bill Brock, Bill Frist and Fred Thompson, as well as former Governors Winfield Dunn and Don Sundquist.
Serving as Honorary Co-Chairs of the Statewide Committee to Elect Lamar Alexander are all 13 living former state Republican Party chairs.

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Herron Calls on GOP Lawmakers to Stop Their Own Pay During Shutdown

Press release from the Tennessee Democratic Party; October 1, 2013:

NASHVILLE, Tenn — Tennessee Democratic Party Chairman Roy Herron today called on Congresswoman Marsha Blackburn, Congressmen Stephen Fincher and Scott DesJarlais and other Republicans who shut down government to stop paying themselves.

“Congressional Republicans are cutting off the pay of almost a million U.S. workers, but continue to pay the least productive, most wasteful, least efficient and highly paid federal employees — themselves,” Herron said. “Because Congressional Republicans refuse to do their work, federal workers cannot do our work.”

On Monday, CNN host Ashleigh Banfield confronted U.S. Rep. Blackburn and another Republican Congressman, asking if they would forgo their $174,000 salary while other federal employees are being denied pay because of the government shutdown. Blackburn refused to answer and still has not answered.

Blackburn’s comment comes on the heels of her Tennessee Republican colleague U.S. Rep. Stephen Fincher’s controversial quoting of the Bible when arguing against food stamps.

Herron said, “Why should the politicians pay themselves for refusing to take care of business while denying others’ paychecks for taking care of the people’s business? Congresswoman Blackburn has so far refused to say whether she will stop her pay, but Congressman Fincher has quoted 2 Thessalonians 3:10 and told her what she and he should do: ‘Anyone unwilling to work should not eat.'”

BACKGROUND:

CNN Host Asks GOP Representatives Whether They’d Give Up Their Salary During A Shutdown, Hilarity Ensues

ThinkProgress // Annie-Rose Strasser and Adam Peck // September 30, 2013 at 11:48 am

On Monday, CNN host Ashleigh Banfield confronted two Republican representatives – Reps. Marsha Blackburn (R-TN) and Dana Rohrabacher (R-CA) – to see whether they themselves would be willing to forgo a paycheck in the event of a government shutdown, something nearly every other federal employee would be forced to do.

“So you are both paid $174,000 a year, and that is the salary,” she said, “Would you be prepared to add some rider or amendment on to a continuing resolution that would take you out of the essential services category and stop payment on your paychecks in order to get a continuing resolution through, and yes or no?”

There was a long pause before the two tried to pivot to a different topic. Eventually, Rohrabacher stepped in to say that members of Congress were treated the same as other federal employees:

BLACKBURN: We are waiting to see what they send back, and I hope that as you were running the countdown clock that you are I have two grandsons, and their share of the national debt is now over $53,000 each.

BANFIELD: No no no. I’m sorry. I asked a specific question, and there are a lot of the government workers going to stop receiving their paychecks, and a there are a lot of the military service members who are serving overseas who might be stopped being paid and veterans whose benefits will be affected. Would you –

ROHRABACHER: Let me answer that. Members of Congress should not be treated any differently than any other federal employee.

BANFIELD: Is that a yes?

ROHRABACHER: Whatever happens to us when it comes to what we get in benefits and whether it is retirement or health care and whatever happens to the average federal employee should happen to us, and that rule should not be changed.
If the government shuts down on Tuesday, all government employees who are considered “non-essential personnel” will be told to stop coming to work and, for the period they’re not working, they won’t be getting paid. Those federal employees also wouldn’t get back payment when the government resumed its work, unless Congress explicitly approved a bill saying they would. Members of Congress are considered “essential.”

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Immigration Activist Endorses Candidates in Congressional Races

Press Release from Minuteman Project founder Jim Gilchrist; Aug. 3, 2010:

Smith in TN-3; Hartline in TN-5; Black in TN-6; and Fincher in TN-8 on Ending Illegal Immigration, Enforcing Border Security

Aliso Viejo, CA –Founder and President Jim Gilchrist of the Minuteman Project, the nation’s leading grassroots activist organization on the issue of immigration reform and border security, announced today that they are endorsing four candidates for Congressional seats in Tennessee. The campaigns of Robin Smith (TN-3), Jeff Hartline (TN-5), Diane Black (TN-6), and Stephen Fincher (TN-8) each were informed that Jim Gilchrist looked to welcome them into the Immigration Reform Caucus should they win their respective races.

Gilchrist cited each candidate’s strong stances on securing our borders, denying illegals any form of amnesty, and cracking down on taxpayer funded benefits that attract illegals to the United States. Polls show that immigration reform and border security remains one of the top issues facing voters of the state of Tennessee in the upcoming August 5 Republican Primary.

Gilchrist stated, “America needs real leaders like Robin Smith, Jeff Hartline, Diane Black, and Stephen Fincher to take Tennessee values to Washington, DC. Each of these candidates will ensure that Congress actually enforce current immigration laws to protect the jobs of Americans and the dollars of taxpayers. That is why I wholeheartedly endorse each of these fine people to be the newest representatives from Tennessee in the United States Congress.”

Earlier in July the Minuteman Project endorsed Congressman Zach Wamp for Governor of Tennessee.

Regarding the August 5 Republican Primary Gilchrist said, “For too long law abiding Americans have grown tired of watching the political establishment lack the will to enforce our nation’s laws when it comes to border security and immigration policy. If Tennessee sends all four of these law enforcement advocates to Congress to demand the Federal Government enforce our laws and secure our borders, America will begin to end the chaos of illegal immigration.”

Jim Gilchrist founded the multi-ethnic Minuteman Project on Oct. 1, 2004, after years of frustrated efforts trying to get a neglectful U.S. government to simply enforce existing immigration laws. Called “the world’s largest neighborhood watch”, their volunteer members aid efforts of the US Border Patrol by watching for illegal activity along the US-Mexican border.