Trump compromise could end ‘Boeing’s Bank’ for good

Published February 28, 2017 8:32pm ET



The Trump administration may strike a blow to corporate welfare if recent public comments by Treasury Secretary Steve Mnuchin tell us anything.

Mnuchin hinted that Trump may transform the Export-Import Bank of the United States — an agency that mostly subsidizes a few large businesses, their foreign (largely state-owned) customers, and some giant Wall Street banks — into an agency that mostly subsidizes U.S. businesses trying to do business overseas.

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