How Conservative Support for the Export-Import Bank Turned to Hate
SLUSH FUND
Now they call it a government ‘slush fund.’ But many Republicans—among them new House Majority Leader Kevin McCarthy and even Club for Growth presidents—once supported the Ex-Im Bank.
Conservatives hate the Export-Import Bank. The government agency, which provides loans for countries and companies purchasing American exports, is nothing but a “crony capitalist slush fund for corporate welfare,” they say.