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  • Export-Import Bank

    EXCLUSIVE: This Congressman Calls Export-Import Bank 'The Face of Cronyism'

    What’s wrong with helping people in other countries buy American? Well, a lot if you’re loaning them U.S. taxpayer money to do it. As Congress gets ready to debate keeping the Export-Import Bank, Rep. Jeb Hensarling (R-Texas) tells The Foundry why he believes the Ex-Im Bank is “the face of … More

    We Give Foreigners Taxpayer Money to Import Stuff from America. What?

    Is there anything the U.S. government doesn’t take taxpayer dollars to do? Here’s a lesser-known function of your hard-earned money: providing backing for people in other countries to buy things from America. Come again? Yes, that’s right. Let’s say Air China wants to purchase some Boeing jets. To encourage that … More

    Are These Senators Regretting Their Export-Import Bank Votes?

    For some lawmakers, corporate welfare is okay, unless it hurts someone in their district. Four lawmakers from Minnesota and Michigan are up in arms over a proposed $650 million financing deal for Roy Hill, an Australian mining company. The deal, backed by the Export-Import Bank, the U.S. government’s export credit … More

    Ex-Im Bank Makes $2 Billion Loan for South Africa Green-Energy Projects

    The U.S. Export-Import Bank inked a $2 billion clean-energy loan offer with South Africa to help fund the country’s green-energy push and drum up sales for America’s renewable industry, according to an announcement made last week. The 18-year loans will target wind, solar and thermal power in particular, said Fred … More

    Congressman: Export-Import Bank Is a Case of Corporate Welfare

    House leaders have reportedly struck a deal to vote on reauthorization of the Export-Import Bank next week despite strident opposition from conservatives. Heritage’s Bryan Riley has called it the “Fannie Mae for exporters.” The Export-Import Bank provides taxpayer-subsidized loans to U.S. exporters. The bank’s charter will expire at the end … More

    VIDEO: Rep. Justin Amash and Author Katie Pavlich at The Bloggers Briefing

    Rep. Justin Amash (R-MI) swore to support and defend the U.S. Constitution upon taking office. The founding document weighs heavily on him with each vote, and it’s the reason Amash is the only member of Congress to justify each of those votes on his popular Facebook page. He’ll speak today … More

    Going to Bat for Exporters

    President Barack Obama recently promised that his Administration will be “going to bat” for U.S. exporters. A look at his specific recommendations suggests that the country would be better off if he stuck to golf. For example, President Obama promised improved access to credit to exporters through the Export-Import Bank … More