Trump should stick by Scott Garrett appointment to head Ex-Im Bank

July 25, 2017, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement urging President Donald Trump to stand by his nomination to head the Export-Import Bank of the United States, fprmer U.S. Rep. Scott Garrett (R-N.J.):

“President Trump made an outstanding appointment to head the Export Import Bank in former New Jersey Representative Scott Garrett.  Garrett’s experience overseeing and indeed opposing the continuance of the Ex-Im Bank will allow him to work on ensuring that the Bank operates as intended under the law, while separating itself from the crony capitalism that has been the hallmark of its existence.

“It is to be expected that Boeing Corporation through its D.C. association proxies would be concerned about reforms that Garrett might institute given the widely held view that the Ex-Im Bank is Boeing’s personal source of government guaranteed loans for overseas sales, but that is simply too bad.  President Trump came to Washington to drain the swamp and his appointment of Garrett to run the Ex-Im Bank is emblematic of his pledge to attack corporate welfare. Scott Garrett is the right choice. Trump should stand by his nomination and Garrett should be confirmed by the Senate.”

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