Club for Growth Praises Senator Shelby for Putting the Brakes on Ex-Im Bank

“Senator Shelby is doing taxpayers a favor by blocking corporate welfare.”

Washington, DC – The Club for Growth released the following statement by its president, David McIntosh, in response to reports that Senate Banking Committee Chairman Richard Shelby (AL) is blocking the White House’s nomination of a new member to the Export-Import Bank’s board of directors:

“Senator Richard Shelby (AL) deserves great credit for standing up to the corrupt crony capitalism at the Export-Import Bank,” said Club for Growth president David McIntosh. “By holding up the appointment of a new Ex-Im director, Senator Shelby is doing taxpayers a favor by blocking the flow of corporate welfare to massive companies that are still demanding favors from the federal government. We hope Senate Majority Leader Mitch McConnell, who says he’s also an Ex-Im opponent, will let Senator Shelby run his committee as he sees fit.”