Ex-Im Bank

In Export-Import Bank fight Mike Rounds chooses banks over conservatism

Timothy P. Carney, Washington Examiner

Republican Mike Rounds was elected to the Senate by the people of South Dakota, but you could be forgiven for believing this week that he represents the banks. Rounds on Tuesday made it public that he would oppose the nomination of Scott Garrett, Donald Trump’s pick to run the Export-Import Bank. Lobbyists on K Street have opposed Garrett furiously because Garrett, a former congressman, is a conservative. Democrats unanimously oppose Garrett for the same reason.

Better ways to boost manufacturing and jobs

Editors, Washington Examiner

A number of policies would boost job creation while moving power away from Washington. Ex-Im shuffles money around the economy while empowering Beltway insiders to take a cut. Trump's K Street and Wall Street friends will push him to do what Clinton wanted to do. He ought to instead to think bigger and push through sweeping structural changes that will lift the whole economy and the whole country, not businesses selected politically to be winners.

Ex-Im Bank Dead – Or Is It?

The Export – Import Bank’s charter officially expired at midnight last night and those opposed to its cronyism and corruption rightly celebrated its demise. But the celebration may be just a little premature as the corporate vampires who have gotten fat sucking the taxpayers dry through Ex-Im and other crony government deals haven’t given up on maintaining their subsidized loans and insider deals.

2016 politics stir up Ex-Im debate

Kevin Cirilli, The Hill

Likely Republican presidential candidates including former Florida Gov. Jeb Bush, Sen. Marco Rubio (Fla.) and Wisconsin Gov. Scott Walker have all attacked Ex-Im, bucking powerful business groups on a top-tier priority ahead of their likely campaigns. Tea Party friendly favorites such as Sens. Ted Cruz (R-Texas), who already announced his candidacy, and Rand Paul (R-Ky.), who is expected to do so next week, also oppose the bank.

You Can End Government Cronyism - Support Rep. Jeb Hensarling's Plan To Let The Ex-Im Bank Expire

The Export-Import Bank authorization expires in June. The Capitol Switchboard is 1-866-220-0044. We urge you to call your Representative and tell him or her to support Chairman Hensarling’s plan to let the Export-Import Bank’s authorization expire.

Tea Party Divided by Ex-Im Bank

Jonathan Weisman, The New York Times

Business groups and the bank’s biggest beneficiaries, like Boeing, General Electric and Caterpillar, have hired lobbyists and consultants. Conservative groups like the Koch brothers’ Americans for Prosperity are rallying the Tea Party grass roots.

TEA Party Leader: Death to Ex-Im Bank

Kevin Cirilli, The Hill

In a more than 7,200 word essay for National Affairs journal, Heritage Action CEO Michael Needham urged the new Repub. members of Congress to stand firm in their conservative ideals ahead of the 2016 presidential election cycle.

Pre-Election Conservative Agenda Item: Stop Ex-Im Bank Extension

Special interests, such as the US Chamber of Commerce are furious with House Majority Leader Kevin McCarthy, claiming he is “appeasing the Tea Party” by joining the opposition to extending the Ex-Im bank, conservatives must work to hold and firm-up his support for our position. Tell Kevin McCarthy to oppose the reauthorization of the Ex-Im Bank: sign and share our petition now.

Ex-Im Bank Fatcats Blew Millions on 1st Class Flights

Moe Lane, Red State

Export-Import Bank officials blew their travel budget by millions of dollars after taking 400 first-class flights over the last 3 years to build "public" support for their agency.

Commentary: The Tea Party Grows Up

Niger Innis, The Hill

The gleeful speculation of the “demise” of the tea party amidst disappointing 2014 primary results is giving way to a very different reality. Seasoned political observers have come to realize that the opposite is in fact true; the tea party is maturing as a political movement. 

Can Obama's Powerful Cronies Save Ex-Im Bank?

Club for Growth Spokesman Barney Keller said this about President Obama's 180 on reauthorizing the Export-Import Bank, "2014 Obama should follow the lead of 2008 Obama, who called the Export-Import Bank a ‘fund for corporate welfare.’ While reauthorizing the Export-Import Bank may mean millions in profits for the President's golfing buddies, it also means billions in taxpayer exposure to just a few politically connected companies.”

House GOP Support for Axing Ex-Im Bank Holds Steady

Melissa Quinn, Daily Signal

Four in 10 House Republicans – 93 or so of the chamber’s  233 majority members – have expressed opposition to reauthorizing the Export-Import Bank.

Will Left Join Right to Kill Ex-Im Bank?

You would think that killing the Ex-Im Bank and ending this blatant example of corporate welfare would be a no brainer for Democrats and liberals, like Massachusetts Senator Elizabeth Warren, but so far the Left is MIA in this important fight against cronyism and corporate welfare.