Conservative groups urge Trump to stick with Ex-Im Bank nominee

Conservative groups urge Trump to stick with Ex-Im Bank nominee
© Greg Nash

Nine conservative groups are urging President Trump to stick with his pick to head the Export-Import Bank amid growing opposition from business groups.

The groups expressed their staunch support for former Rep. Scott GarrettErnest (Scott) Scott GarrettManufacturers support Reed to helm Ex-Im Bank Trump taps nominee to lead Export-Import Bank Who has the edge for 2018: Republicans or Democrats? MORE's (R-N.J.) nomination to head the Ex-Im Bank calling on the White House and congressional leaders to dismiss concerns of "special interest business groups."


"On behalf of the following organizations representing millions of Americans, we write to strongly denounce the special interest business groups that are urging the White House to drop the appointment of Scott Garrett as the next president of the Export- Import Bank,” the groups wrote in a letter to Senate Banking Committee Chairman Mike CrapoMichael (Mike) Dean CrapoOn The Money: Lawmakers race to pass border deal | Trump rips 'stingy' Democrats, but says shutdown would be 'terrible' | Battle over contractor back pay | Banking panel kicks off data security talks Hillicon Valley: Lawmakers press officials on 2020 election security | T-Mobile, Sprint execs defend merger before Congress | Officials charge alleged Iranian spy | Senate panel kicks off talks on data security bill Senate Banking panel kicks off talks on data security bill MORE (R-Idaho).

“It is beyond audacious that the recipients of the Bank’s subsidies believe that they, not the president, can select the person to run the very agency that will hand the goodies out to them," they wrote. 

Crapo has said he supports Garrett to lead the bank. 

Led by Club for Growth, the groups which include Heritage Action for America and FreedomWorks, argue that the bank represents corporate cronyism and should be overhauled.

Supporters, including the National Association of Manufacturers (NAM) and Business Roundtable, a group of the nation’s top CEOs, are opposed to Garrett's nomination.

House and Senate Democrats have joined the effort in urging Crapo to reject Garrett's nomination. 

While in office, Garrett was a leading critic of the Ex-Im Bank who worked to shut down the agency. 

Last month Jay Timmons, NAM’s president and CEO, wrote a scathing op-ed in The Wall Street Journal calling on Garrett to withdraw from consideration.

Business groups have battled with conservative members of Congress over the past two years trying to get the bank back to full strength after a nearly six-month shutdown in 2015.

The conservative groups pointed to EPA and Education department chiefs as examples of the “reformers” picked by Trump to clean up Washington. 

"We’re extremely hopeful that President Trump will ignore the special interests that are so desperate for their Export-Import Bank gravy train to continue," they wrote.

"To that end, our groups and the people we represent, will vocally oppose any nomination (or slate of nominations) to Ex-Im’s board if Garrett’s nomination is not considered."