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A Victory for the American People Against the Export-Import Bank

Click here: Created by executive order during the height of the Great Depression, the Export-Import Bank has been used as a tool to reward politically connected elites, both in the United States and abroad, for decades.
84 percent of the bank’s subsidy and loan-guarantee deals exceeded $10 million, and the vast majority were given to the wealthiest, most well-connected businesses that should have no problem acquiring financing on the open market.