Are Trump’s plans to revive Export-Import Bank a good thing?
Question: Do you think reviving the Export-Import Bank of the United States is a good thing?
Bob’s Answer: YES
The Export-Import Bank provides for American companies to compete in foreign markets or where countries require government guarantees that the bank’s loans provide. President Trump must staff this with experienced banking executives with strong opposition to cronyism, the primary objection to this organization.
The bank can and should be an important element in boosting the economy and specifically manufacturing employment.