conservatives oppose Ex-Im Bank

Obama Trying To Revive Ex-Im Bank

David Jackson, USA TODAY

President Obama will spend today with business owners who want to see a revival of the Export-Import Bank.

Export-Import Bank could be revived via highway funding bill

Jim Puzzanghera, LA Times

A path to reviving the Export-Import Bank has emerged in Congress, and the agency, which has the strong backing of business groups, could be providing assistance again within weeks. Senate Majority Leader Mitch McConnell (R-Ky.) said he would allow bank advocates to include a five-year reauthorization of the agency on a highway funding bill that must pass by the end of the month.

Cruz and tea partyers: Let the Ex-Im Bank stay dead

Tom Howell Jr., The Washington Times

Sen. Ted Cruz and other conservatives told GOP leaders Wednesday not to let Congress revive the federal Export-Import Bank, an agency that financed the sale of U.S. goods overseas for decades but is creeping toward a slow death after lawmakers failed to renew its charter by the June 30 deadline.

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.

Export-Import Bank ends operations as Congress failed to reauthorize

Andrew V. Pestano, UPI

The Export-Import Bank of the United States will end operations tonight as Congress failed to reauthorize its charter before the July 4 recess. The bank will not be able to arrange new loans for the first time since it was implemented 81 years ago. Democrats and a few Republicans are attempting to renew the bank's charter, which could see the bank's rebirth by late July.

American Transparency Exposes Crony Boondoggle for Ex-Im Insiders

In a report that is truly shocking, even by today’s standards of insider pillaging of the American Treasury, openthebooks.com, a project of American Transparency, has documented how large private banks processed more than $127 billion in Ex-Im supported transactions since 2007, while having an ownership stake in the private bank empowered to trade on the guaranteed loan portfolio of Ex-Im. 

Ex-Im Bank Support Crashing – Senate Banking Chair Now Against Reauthorization

“After years of efforts to reform the Ex-Im Bank, it has become clear to me that its problems are beyond repair and that the Bank’s expiration is in the best interest of American taxpayers,” said Alabama Senator Richard Shelby, Chairman of the Senate's Banking Committee.

The Ex-Im Bank And The Art Of Picking Losers

In an op-ed in Forbes magazine our friends at “American Transparency” ask the question every Member of Congress should ask and answer before voting on the reauthorization of the corrupt Export-Import Bank: "How is bankrolling of dictators, subsidizing authoritarian regimes, propping up green energy and destabilizing entire industries good for growth?" Please join the leaders of over 50 conservative organizations by signing the conservative letter to Congress demanding that your Representative and Senators let the Export - Import Bank expire on June 30, 2015.

Right and Left Coming Together to Defeat Corrupt Crony Ex-Im Bank

The establishment media has largely ignored the story, but there is an important trend developing in national politics and policy debates; the emergence of more than occasional alliances of conservative and liberal populists. The latest Right-Left populist policy alliance to emerge is between conservative and liberal opponents of the Export-Import Bank reauthorization, and yesterday afternoon our conservative friends at The Club for Growth announced the release of a TV ad aimed at Florida Democrats.

Hensarling Heats Up Battle To End Crony Ex-Im Bank

As principled conservative Texas Republican Jeb Hensarling battles to kill this corrupt vestige of the New Deal, by using the legalized corruption of bribing Members of Congress by exchanging votes, Capitol Hill’s establishment Republican leaders plan to save the illegal corruption endemic to the Ex-Im Bank. You can’t make this stuff up.

Hensarling's war on Washington

Kevin Cirilli, The Hill

Rep. Jeb Hensarling (R-Texas) has set out to change the way business is done in Washington, and there are some signs that he is succeeding. House Financial Services Committee chairman has taken up the simmering fight over the Export-Import Bank as a signature issue. 

Big Business Loses Ex-Im Bank Argument – Starts The Threats

As the clock ticks toward the June 30 expiration of the Ex-Im Bank’s charter, the beneficiaries of this corrupt remnant of the New Deal have started issuing warning that they would move production overseas if Congress doesn’t reauthorize their hand out. Please join the leaders of over 50 conservative organizations by signing the conservative letter to Congress demanding that your Representative and Senators let the Export - Import Bank expire on June 30, 2015.

Tea Party starts to circle Export-Import Bank

Kevin Cirilli, The Hill

Tea Party groups are increasing pressure on House Speaker John Boehner (R-Ohio) not to reauthorize the Export-Import Bank, whose charter expires June 30 unless Congress acts.Tea Partyers and prominent Republicans such as Rep. Paul Ryan (R-Wis.), House Majority Leader Kevin McCarthy (R-Calif.) and House Financial Services Committee Chairman Jeb Hensarling (R-Texas) argue that the bank is a form of corporate welfare for big businesses.

GOP Leadership Ready to Let Ex-Im Bank Expire? Don’t Cheer Just Yet.

House Republican leaders remain squishy on killing this corrupt remnant of the New Deal, and there are plenty of establishment Republicans, privately and publicly, who say leaders have an obligation to give them a vote on the reauthorization of the Ex-Im Bank -- a vote that, with the help of Democrats, would likely pass.  Please join the leaders of over 50 conservative organizations by signing the conservative letter to Congress demanding that your Representative and Senators let the Export - Import Bank expire on June 30, 2015.

The Peculiar Uses of Taxpayer's Ex-Im Bank

Mark Pfeile, Special to The Wall Street Journal

Only in Washington can a prominent example of corporate welfare be described as a “critical element” of America’s national security. That’s exactly what former Secretary of State Madeleine Albright, former Secretary of Defense William Cohen and 10 other former federal officials claimed in a recent letter to Congress, in which they pleaded with lawmakers to renew the Export-Import Bank’s charter before it expires in June. In recent years, the bank has come under fire from politicians as diverse as Barack Obama and Paul Ryan, who have rightly noted that Ex-Im’s support mainly benefits a few multinational companies. Those same companies are now working to convince Congress to keep the taxpayer cash flowing.

Conservatives: Join Us To Deauthorize The Corrupt Ex-Im Bank

Big Business is pulling out all the stops to keep the crony government subsidies flowing, that's why we need a strong grassroots effort to show that Americans want an end to the Export – Import Bank – a New Deal relic that now forms the backbone of the federal government’s politically motivated management of trade that is also rife with corruption. Please join the leaders of over 50 conservative organizations by signing the conservative letter to Congress demanding that your Representative and Senators let the Export - Import Bank expire on June 30, 2015.

Deauthorize The Corrupt Export - Import Bank

ACT TODAY! To end the politics, corruption and the federal government’s politically motivated management of the economy by adding your name to the conservative letter demanding that Congress deauthorize the Export - Import Bank.

Tea Party groups unite against Export-Import

Kevin Cirilli, The Hill

More than 50 conservative groups sent a letter to lawmakers on Monday urging them to not to reauthorize the Export-Import Bank. Congress is grappling with whether to reauthorize the bank's charter, which is set to expire on June 30 unless Congress votes to extend it. The letter is perhaps the most cohesive effort to date on behalf of Tea Party groups in opposing the bank.