You Want to Know Who Benefits From the Ex-Im Bank? Not Small Businesses.
13th March 2015
The Export-Import Bank has been in the news a lot in the last week. That’s because for the first time in its 80-year history, freedom has a chance of winning over rampant cronyism, and Congress may kill the New Deal era agency. Understandably, the bureaucrats at Ex-Im are in panic mode. They have been super active on the lobbying front for months, but in the last few weeks they have doubled down on their “outreach” (translation: special interests’ political pressure) to Congress.