Politics
Chiding Congress, Obama Urges Fast Ex-Im Bank Renewal

President Barack Obama, center, with Paul Sullivan, left, Vice President of International Business Development at Acrow Bridge, and Susan Jaime, right, CEO Ferra Coffee International, during his meeting with small business owners to discuss the importance of the reauthorization of the Export-Import Bank in the Roosevelt Room of the White House in Washington, Wednesday, July 22, 2015. (AP Photo/Pablo Martinez Monsivais)
JOSH LEDERMAN, Associated Press
ERICA WERNER, Associated Press
WASHINGTON (AP) — Chiding Congress in no uncertain terms, President Barack Obama warned Wednesday that American businesses are suffering while the Export-Import Bank lapses, and called on lawmakers to reauthorize the bank within days.
With Congress nearing its annual August recess, Obama said the U.S. “cannot leave these businesses hanging” by punting a vote to renew the bank until after Congress returns. He said it was a “shame” that the bank had been allowed to expire, and said the lapse puts the U.S. at a disadvantage because “every other advanced country has a program like this” to promote its exports.
“We cannot unilaterally disarm,” Obama said during a meeting in the Roosevelt Room with small businesses affected by the bank’s expiration. “Orders are on hold. Businesses are in danger We need to get this done.”
An obscure federal agency unknown to most Americans, the Export-Import Bank underwrites loans to foreign companies that are purchasing American products, which helps U.S. businesses successfully market their products overseas. Conservatives denounce it as corporate welfare, although Obama insisted that’s not the case. He said the U.S. Treasury actually benefits because the government makes money from the bank.
The bank’s charter expired June 30 for the first time in its 81-year history because of congressional inaction. With conservative opponents celebrating its demise, prospects to revive it are uncertain.
Supporters in the Senate are hoping to add it to must-pass highway legislation now being considered — and they have the votes to prevail — but the underlying highway legislation may run into trouble. The House has passed its own, shorter highway bill without the Export-Import Bank included, and House Republicans are opposed to the Senate bill.
The White House not only supports adding the bank’s reauthorization to the bill, but “insists” that it be added to the crucial highway legislation, White House spokesman Josh Earnest said on Wednesday.
Complicating matters, Congress’ legislative session is drawing near its close, so supporters face the prospect of running out of time to push the Export-Import Bank across the finish line before lawmakers leave Washington for their annual August recess.
“This should be a no-brainer,” Obama said.
The bank cannot currently make new loans or guarantees but remains in business to service billions in outstanding loans and guarantees. However its funding runs out Sept. 30 so if Congress does not act before then to revive it, its outlook becomes even more shaky.
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Reach Josh Lederman on Twitter at http://twitter.com/joshledermanAP and Erica Werner at http://twitter.com/ericawerner
Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Activism
2025 in Review: Seven Questions for Assemblymember Lori Wilson — Advocate for Equity, the Environment, and More
Her rise has also included several historic firsts: she is the only Black woman ever appointed to lead the influential Assembly Transportation Committee, and the first freshman legislator elected Chair of the California Legislative Black Caucus. She has also been a vocal advocate for vulnerable communities, becoming the first California legislator to publicly discuss being the parent of a transgender child — an act of visibility that has helped advanced representation at a time when political tensions related to social issues and culture have intensified.
By Edward Henderson, California Black Media
Assemblymember Lori D. Wilson (D-Suisun City) joined the California Legislature in 2022 after making history as Solano County’s first Black female mayor, bringing with her a track record of fiscal discipline, community investment, and inclusive leadership.
She represents the state’s 11th Assembly District, which spans Solano County and portions of Contra Costa and Sacramento Counties.
Her rise has also included several historic firsts: she is the only Black woman ever appointed to lead the influential Assembly Transportation Committee, and the first freshman legislator elected Chair of the California Legislative Black Caucus. She has also been a vocal advocate for vulnerable communities, becoming the first California legislator to publicly discuss being the parent of a transgender child — an act of visibility that has helped advanced representation at a time when political tensions related to social issues and culture have intensified.
California Black Media spoke with Wilson about her successes and disappointments this year and her outlook for 2026.
What stands out as your most important achievement this year?
Getting SB 237 passed in the Assembly. I had the opportunity to co-lead a diverse workgroup of colleagues, spanning a wide range of ideological perspectives on environmental issues.
How did your leadership contribute to improving the lives of Black Californians this year?
The Black Caucus concentrated on the Road to Repair package and prioritized passing a crucial bill that remained incomplete during my time as chair, which establishes a process for identifying descendants of enslaved people for benefit eligibility.
What frustrated you the most this year?
The lack of progress made on getting Prop 4 funds allocated to socially disadvantaged farmers. This delay has real consequences. These farmers have been waiting for essential support that was promised. Watching the process stall, despite the clear need and clear intent of the voters, has been deeply frustrating and reinforces how much work remains to make our systems more responsive and equitable.
What inspired you the most this year?
The resilience of Californians persists despite the unprecedented attacks from the federal government. Watching people stay engaged, hopeful, and determined reminded me why this work matters and why we must continue to protect the rights of every community in our state.
What is one lesson you learned this year that will inform your decision-making next year?
As a legislator, I have the authority to demand answers to my questions — and accept nothing less. That clarity has strengthened my approach to oversight and accountability.
In one word, what is the biggest challenge Black Californians are facing currently?
Affordability and access to quality educational opportunities.
What is the goal you want to achieve most in 2026?
Advance my legislative agenda despite a complex budget environment. The needs across our communities are real, and even in a tight fiscal year, I’m committed to moving forward policies that strengthen safety, expand opportunity, and improve quality of life for the people I represent.
Activism
2025 in Review: Seven Questions for Assemblymember Tina McKinnor, Champion of Reparations, Housing and Workers’ Rights
In 2025, McKinnor pushed forward legislation on renters’ protections, re-entry programs, reparations legislation, and efforts to support Inglewood Unified School District. She spoke with California Black Media about the past year and her work. Here are her responses.
By Joe W. Bowers Jr., California Black Media
Assemblymember Tina McKinnor (D-Inglewood) represents
California’s 61st Assembly District.
As a member of the California Legislative Black Caucus (CLBC),
McKinnor was elected in 2022. She chairs the Los Angeles County Legislative Delegation and leads the Assembly Public Employment and Retirement Committee. McKinnor also served as a civic engagement director, managed political campaigns, and worked as chief of staff for former Assemblymembers Steven Bradford and Autumn Burke.
In 2025, McKinnor pushed forward legislation on renters’ protections, re-entry programs, reparations legislation, and efforts to support Inglewood Unified School District. She spoke with California Black Media about the past year and her work. Here are her responses.
Looking back on 2025, what do you see as your biggest win?
Assembly Bill (AB) 628. If rent is $3,000, people should at least have a stove and a refrigerator. It’s ridiculous that people were renting without basic appliances.
I’m also proud that I was able to secure $8.4 million in the state budget for people coming home from incarceration. That includes the Homecoming Project, the menopause program for incarcerated women, and the Justice Leaders Program.
How did your leadership help make life better for Black Californians this year?
After the Eaton Fire, I pushed to get the same kind of support for affected areas that wealthier regions get after disasters.
I also did a lot of work building political power— establishing the Black Legacy PAC and California for All of Us PAC so we could support Black candidates and educate voters. We also called voters to make sure they understood Prop 50.
People need to understand this: there are only 12 Black legislators in the Capitol. Folks act like we can just walk in and pass reparations, but that’s not how it works.
What frustrated you most this year?
The governor did not have the political will to sign these bills: AB 57 and AB 62. They both passed overwhelmingly in the Assembly and the Senate. We did the work. The only person who didn’t have the political will to sign them was the governor.
The public needs to ask the governor why he didn’t sign the bills. We can’t keep letting people off the hook. He has to answer.
I also introduced AB 51 — the bill to eliminate interest payments on Inglewood Unified School District’s long-standing state loan — held in the Appropriations Committee. That was frustrating,
What inspired you most in 2025?
The civil rights trip to Alabama was life changing. We visited the Legacy Museum and the National Memorial for Peace and Justice. We took members of the Black, Latino, Jewish, and API caucuses with us. It changed all of us.
People aren’t always against us — they just don’t know our history.
What’s one lesson from 2025 that will shape how you approach decisions next year?
The legislative trip to Norway taught me that collaboration matters. Government, labor, and industry sit down together there. They don’t make villains. Everybody doesn’t get everything they want, but they solve problems.
What’s the biggest challenge facing Black Californians in one word?
Inequity. It shows up in housing, wealth, stress – all these things.
What’s the number one goal you want to accomplish in 2026?
Bringing back AB 57 and AB 62, and securing money for the Inglewood Unified loan interest forgiveness.
Activism
2025 in Review: Seven Questions for Sen. Laura Richardson, Who Made Legislative History This Year
Before elected office, she served as a legislative staffer at the local, state, and federal levels and built a strong academic foundation, earning a political science degree from UCLA and an MBA from USC.
By Edward Henderson, California Black Media
Elected in November 2024 to represent California’s 35th Senate District, Sen. Laura Richardson (D-San Pedro) brings decades of experience to her role.
Before elected office, she served as a legislative staffer at the local, state, and federal levels and built a strong academic foundation, earning a political science degree from UCLA and an MBA from USC.
Richardson says she remains deeply committed to empowering residents, strengthening neighborhoods, and supporting the local economy.
For example, SB 748, a bill she authored that Gov. Newsom signed into law this year, allows cities to use existing homelessness funds to clear unsafe RV encampments, and another measure aimed at expanding provider access for Medi-Cal patients.
California Black Media (CBM) spoke with Richardson about her successes and disappointments over the past year and her plans for 2026.
What stands out as your most important achievement this year?
Being number one in getting the most bills signed by a freshman senator. Our team and staff were able to effectively move legislation through committees in both the Senate and Assembly and gain the governor’s support.
How did your leadership contribute to improving the lives of Black Californians?
Securing overall agency support from the governor to begin the work of understanding and documenting descendants of slavery. The discussion around “40 acres and a mule” will be ongoing for many years, but moving forward with creating an agency—although not fully funded—was significant. They were baby steps, but they were steps.
What frustrated you the most this year?
The administration. Even though federal and state roles differ, California has its own values and priorities. When the federal government makes cuts that impact Californians, the state legislature feels the need to backfill to protect people. It was challenging and frustrating.
What inspired you the most this year?
SB 237, which I was a joint principal author on, inspired me. It dealt with fuel stability. Two refineries closed, and several others are barely hanging on. Even as we work toward zero emissions, we still need a certain amount of fuel. SB 237 opened up some of the fuel potential in Kern County, and there’s a pipeline from Kern County down to my district.
What is one lesson you learned this year that will inform your decision-making next year?
Engage the governor’s staff earlier. I’m going to push to involve the governor’s legislative staff sooner.
In one word, what is the biggest challenge Black Californians are facing right now?
Affordability. No matter how much you make, everything is more expensive—gas, groceries, insurance, mortgages. Costs keep rising while salaries don’t.
What is the goal you want to achieve most in 2026?
Creating a process for dealing with abandoned cemeteries.
The last piece—not specific to this year but building toward the future—is figuring out how people and businesses in the district and in California can participate in major events like the Olympics, FIFA, and the Super Bowl, all of which are taking place here.
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