'Infrastructure bank' gains steam

Politico reports:

It's not exactly what Obama proposed, but "infrastructure bank" proposal gains some steam.

A bipartisan group of senators appears to be moving forward with an “infrastructure bank” proposal, though it is slightly different from the one that President Obama proposed in his 2012 budget.

Sen. John Kerry (D-Mass.), Sen. Kay Bailey Hutchison (R-Texas), and Sen. Mark Warner (R-Va.) teamed up on Tuesday with the dynamic duo of U.S. Chamber of Commerce President and CEO Tom Donohue and AFL-CIO President Richard Trumka to introduce the BUILD Act, which would establish a loan fund to leverage federal money for infrastructure investments.

Did you think the Chamber of Commerce was for the free market in banking? Guess again. For history of the origins of "government as cartellizer" listen to this audio lecture from Murray Rothbard.