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 05:30 PM
Mississippi voters can help their state's economy this Tuesday by sending Sen. Thad Cochran into retirement.
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 Timothy P. Carney | 06/18/14 02:09 PM
Wendy Davis's governor campaign is raising money again off her 2013 filibuster of a bill to ban abortions in or after the 6th month of pregnancy and to apply the same standards to abortion businesses as to similar businesses. My colleague Ashe Schow flagged this yesterday, and noted how it...
By Timothy P. Carney | 06/18/14 09:56 AM
Regulators in Harvard's hometown have proposed new regulations aimed at banning Uber, Sidecar and Lyft.
By Timothy P. Carney | 06/17/14 04:03 PM
California Congressman Kevin McCarthy will likely win the election this week for House majority leader. Then he'll spend six months working to keep that job when House Republicans choose their leadership again, after the November elections.
By Timothy P. Carney | 06/16/14 04:30 PM
Every time you hear of a proposed federal regulation making headway, ask yourself, "which politically connected industry stands to benefit from this rule?" When it comes to efforts to regulate GPS apps on your iPhone or Android, the answer is appears to be the automakers. The New York Times...
By Timothy P. Carney | 06/16/14 11:42 AM
"Crony capitalism" and "corporate welfare" are good rhetorical cudgels for politicians to wield, and increasingly Republicans use them against Democrats. But are they more than just rhetoric?
By Timothy P. Carney | 06/16/14 11:15 AM
This video is a helpful video explainer of the political fight over the Export-Import Bank.
By Timothy P. Carney | 06/13/14 11:24 AM
Eric Cantor's single largest source of campaign contributions was Blackstone Group, the high-rolling financial titan in Midtown Manhattan.
By Timothy P. Carney | 06/12/14 03:43 PM
Trent Lott -- who was a founder of the Breaux-Lott Leadership Group, a lobbying firm that has now partnered with K Street giant Patton Boggs -- is appearing in a campaign ad for Sen. Thad Cochran, R-Miss.
By Timothy P. Carney | 06/11/14 09:13 PM
The Export-Import Bank is a federal agency that subsidizes U.S. exports. Ask the business lobby or the Obama administration, and they'll tell you Ex-Im is all about small business. That's not what Wall Street thinks, apparently.
By Timothy P. Carney | 06/11/14 04:09 PM
The Food and Drug Administration tried a sneak attack on the artisan cheese industry earlier this week, pushing a new rule, pretending it wasn't a new rule, that would outlaw the aging of cheese on wooden board. The FDA has backed down from this new-not-new rule-not-rule.
By Susan Crabtree | 07/11/14
By Philip Klein | 07/10/14
By Paul Bedard | 07/10/14
By Becket Adams | 07/10/14