The White House announced Friday that it will nominate an outspoken critic of the Export-Import Bank to head the agency, following a week in which President Trump appeared to reverse his position on the controversial bank.
Former Rep. Scott Garrett (R-N.J.), who voted twice against reauthorizing the bank while in Congress, will be nominated as president of the bank. Separately, former Rep. Spencer T. Bachus III (R-Ala.) will be nominated to join the bank’s board. Both nominees require congressional confirmation.
Garrett, a deeply conservative Congressman who helped found the House Freedom Caucus, has in the past heavily criticized the agency he may now be tasked with leading. In a speech on the floor of the House in 2015, Garrett called the Ex-Im Bank a “fund for corporate welfare” and “a bank that embodies the corruption of the free enterprise system.”
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I personally think very favorably about Trump appointing Known critics of government agencies to head those agencies. That is really the only way to get reform is to turn the operation over to someone who is openly hostile to the status quo.
ReplyDeleteCouldn't agree more. A marvelous attribute.
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