Dow Chemical Says Disappointed Over Congress' Failure To Reauthorize Ex-Im Bank

(RTTNews) - Dow Chemical Company (DOW) said that it is disappointed that Congress failed to reauthorize the Export-Import or Ex-Im Bank, the country's official credit agency, prior to the House of Representatives leaving Washington for August recess.

Ex-Im Bank is a vital tool for America's manufacturing sector and imperative to sustaining U.S. competitiveness in the global economy. By failing to reauthorize the Bank both when it expired on June 30 and while in session in July, Congress has raised the hurdle for U.S. companies even higher.

The company urges Congress to reauthorize the Ex-Im Bank when they return to Washington in September so America's business community can have certainty in fueling economic growth and job creation.