Amash Introduces Bill To Eliminate Import-Export Bank

Down with banking cronyism.

Rep. Justin Amash (R-MI) has introduce H.R. 3114 which seeks to eliminate the Import-Export bank and end what he calls “Washington’s addiction to cronyism.”

“The Export-Import Bank is a prime example of Washington’s addiction to political cronyism. Instead of allowing businesses to compete in a free market, politicians pick winners and losers. Meanwhile, taxpayers assume the financial risk for the bank’s federally backed loans while a few corporations pocket the profits,” said Amash in a press release.

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2 Responses to Amash Introduces Bill To Eliminate Import-Export Bank

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