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Trump throws support behind Ex-Im Bank
thehill.com ^ | 4/12/17 | Jordan Fabian

Posted on 04/12/2017 12:55:22 PM PDT by ColdOne

President Trump on Wednesday threw his support behind the Export-Import Bank, a stark reversal of his opposition to the lender during the 2016 presidential campaign.

“It turns out that, first of all, lots of small companies are really helped, the vendor companies,” Trump said in an interview with The Wall Street Journal.

“But also, maybe more important, other countries give [assistance]. When other countries give it we lose a tremendous amount of business.”

ADVERTISEMENT The president’s about-face is likely to anger conservative Republican critics of the bank, who say it has enabled crony capitalism. Many believed that with Trump in the White House and GOP control of Capitol Hill, the bank’s days were numbered.

But Trump said he plans to fill two vacancies on the bank’s board, which could help it ramp up its lending activities.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: banking; eximbank; first100days; trump45
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To: HokieMom
Negatively affecting his ability to replace Obama holdovers with Trumpsters for the necessary positions.

That makes no sense. If the holdovers were political appointees, they can be replaced. It they are civil service employees, they are almost impossible to replace. Outgoing administrations do move some loyalists into civil service positions to increase the number who'll still be around.

21 posted on 04/12/2017 2:44:01 PM PDT by Will88
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To: ColdOne

Though I appreciate many things Trump is doing, and I do oppose the Ex-Im bank, it does not surprise me that Trump is supporting it. There is something of a nationalist-mercantilist in his approach to the economy.


22 posted on 04/12/2017 2:44:18 PM PDT by Wuli
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To: ColdOne

He’ll be Bush 43 by Labor Day.


23 posted on 04/12/2017 2:52:25 PM PDT by Mike Darancette (Make lemonade.)
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To: HokieMom

A hiring freeze that makes sense would be a freeze on replacing career civil service employees who retire or resign for their own reasons.

But no hiring freeze should affect replacing the political appointees who can be and usually are let go and replaced by a new administration. Those are the people who implement the new administration’s policies when the career folks might not want them implemented.


24 posted on 04/12/2017 2:57:17 PM PDT by Will88
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To: Will88

Trump’s administration is being criticized for not making faster progress in staffing agencies at the Deputy level — like the DOJ, DHS, many others. He needs like-minded people to enforce his ideology and platform and support the cabinet secretaries.

Trump’s trying to work around the way the union and federal employee union agreements are structured. He still is down-sizing and cutting another 45,000 jobs and local DC liberal talk radio is squawking about it.


25 posted on 04/12/2017 3:10:54 PM PDT by HokieMom (Pacepa : Can the U.S. afford a president who can't recognize anti-Americanism?)
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To: ColdOne

Not good.


26 posted on 04/12/2017 3:12:13 PM PDT by SoFloFreeper
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To: Lurkinanloomin

Do you think he’s trying to fit in with the globalist uniparty pack now? I hope not. If so, this won’t be the first promise to fall by the way side.

On the other hand, he could be dealing for wall money and tax cuts. Who knows.


27 posted on 04/12/2017 3:19:14 PM PDT by SaraJohnson
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To: HokieMom

Political appointees have nothing to do with Unions.

Unless, this is some until now only theoretical version of 17-D chess.


28 posted on 04/13/2017 7:09:29 AM PDT by WVMnteer
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To: HokieMom

Political appointees have nothing to do with Unions.

Unless, this is some until now only theoretical version of 17-D chess.


29 posted on 04/13/2017 7:09:44 AM PDT by WVMnteer
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To: WVMnteer

True. Perhaps the political appointees want to hire like-minded civil servants?


30 posted on 04/13/2017 7:43:44 AM PDT by HokieMom (Pacepa : Can the U.S. afford a president who can't recognize anti-Americanism?)
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