Speaker John Boehner (R-Ohio) on Tuesday refused to offer a lifeline to the Export-Import Bank, sending another signal that Congress could allow the lending agency’s charter to expire at the end of September.Rent-seekers can be defeated, nothing is inevitable.
Boehner has supported the bank in the past, but in response to questions from reporters, he distanced himself from that position and deferred instead to the chairman of the House Financial Services Committee, Rep. Jeb Hensarling (R-Texas), an outspoken opponent of reauthorization.
“Listen, I have a different job than I had then,” Boehner said following a private House GOP meeting. “My job is to work with our members to get to a place where the members are comfortable. Some people believe that we shouldn’t have it at all. Others believe that we should reauthorize it with significant reforms, and we’re going to work our way through this.”
Tuesday, June 24, 2014
No Ex-Im lifeline from Boehner
The Hill reports:
