GOP Speaker fight could hinge on export subsidies

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House Speaker John Boehner has a really tough job. Nobody would blame him for stepping down after this fall’s election. The top two names floated as successors are Majority Leader Eric Cantor and Financial Services Committee Chairman Jeb Hensarling.

Cantor and Hensarling have had some tension between them lately. First, Cantor stripped Hensarling of his chairman’s prerogative when he brought to the floor a bill to undo unpopular reforms to the flood insurance program. Now, Democrats have hinted that Cantor might do the same with the bill to reauthorize the Export-Import Bank — a federal agency that subsidizes U.S. exports.

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