Tag: Ex-Im Bank

As the battle over the Senate’s objectionable tax extenders package continues, another fight over special interests and corporate welfare is building in Congress—namely, the reauthorization of the Export-Import (Ex-Im) Bank. After Ex-Im’s mandate expired on June 30, senators voted Sunday to revive the Bank. The U.S. government runs the bank as its “official export credit […]

Congress has until the end of June to decide whether to reauthorize the Export-Import Bank, the official credit export agency of the U.S. government. While the bank’s stated mission “is to ensure that U.S. companies—large and small—have access to the financing they need to turn export opportunities into sales,” Ex-Im has gained a reputation for […]