The Export-Import Bank is a little-known government agency that provides taxpayer-backed loans and loan guarantees to foreign countries and companies for the purchase of U.S. products.
Rick Perry Changes His Mind on Ex-Im Bank, Calls for Its End
Former Texas Gov. Rick Perry is calling for an end to the Export-Import Bank—a reversal from the position he held as governor.
In an op-ed for The Wall Street Journal published Monday, Perry, a likely 2016 Republican presidential candidate, wrote that he has changed his mind.
Perry wrote that during his time as governor, Texas “became the nation’s leading exporter,” and that the Ex-Im Bank “played a role in making this happen.”
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The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973, mission is
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