Veronique de Rugy: Big business cronies rally to protect Export-Import Bank

Published April 24, 2014 4:00am ET



The Export-Import Bank of the United States — informally known as the “Ex-Im Bank,” but irreverently referred to as “Boeing‘s Bank” behind closed doors — is hosting a ritzy conference for power players in Washington this week.

It’s another exercise in willful deception. Bank beneficiaries and bureaucrats will attempt to conceal their blatant cronyism from the public with misleading platitudes about protecting U.S. exports, job creation, and in particular small businesses.

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