Business

Study documents how profitable access to Obama’s White House was

By Timothy P. Carney
Published May 2, 2017 9:27pm ET
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Study documents how profitable access to Obama’s White House was
Since big business clearly has more access to government, then bigger government equals a bigger advantage for big business. (AP Photo/Jacquelyn Martin) | Jacquelyn Martin

On April 12, 2017, former Boeing CEO Jim McNerney sat down in the West Wing with President Trump. Trump had, on the campaign trail, advocated abolishing the Export-Import Bank, a federal agency that typically subsidizes $10 billion a year in Boeing exports.

On April 13, Trump announced he would fill out Ex-Im’s board of directors, thus reviving the agency’s ability to subsidize Boeing’s overseas customers.

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Boeing Commentary Donald Trump Export-Import Bank Lobbying Timothy P. Carney Transparency