By Rebecca Berg | 06/22/14 01:48 PM
New House Majority Leader Kevin McCarthy does not have plans to reauthorize the Export-Import Bank's lending authority when it expires in September, he said Sunday -- setting up a likely fierce battle between conservative Republicans and the president. The bank, which grants credit to help...
By Timothy P. Carney | 06/22/14 12:10 PM
House Majority Leader-elect Kevin McCarthy says Congress should let the Export-Import Bank expire, the biggest blow yet to the imperiled subsidy agency whose charter expires this fall. On "Fox News Sunday," host Chris Wallace asked McCarthy if he agrees with "conservatives who say that the...
By Timothy P. Carney | 06/20/14 05:15 PM
Rep. Shelley Moore Capito, R-W.Va., voted to reauthorize the Export-Import Bank in 2012. She sits on the House Financial Services Committee, where the bill's fate may be sealed. And she's running for Senate.
By Timothy P. Carney | 06/19/14 11:31 AM
If you have a corporate-welfare bank that costs all taxpayers, combined, $2 billion a decade, and it provides almost all of its subsidies to a handful of politically connected companies, congressmen will hear a lot more lobbying in defense of the corporate-welfare bank than in opposition.
By Timothy P. Carney | 06/18/14 03:12 PM
The Aerospace Industries Association placed an ad in Politico today supporting the Export-Import Bank, which mostly subsidizes airplanes. The argument: Even Reagan reauthorized Ex-Im. The "Facts" listed in the ad are all basically false. 1) The ad claims Ex-Im is profitable, but that's an...
By Paul Bedard | 08/01/14
By Blake Seitz | 08/01/14
By Washington Examiner | 07/31/14
By Byron York | 07/31/14
By Mark Tapscott | 08/01/14