Aug 7, 2018

Pull the US out of the European Bank for Reconstruction and Development

Veronique de Rugy Senior Research Fellow

It's disappointing that Republicans won't shut down the Ex-Im Bank and are even thinking about giving it a new boost. They control Washington and have the power to uphold the principles of genuine free enterprise. Instead, they're kowtowing to the swamp even as the data show that exports are doing well and formerly subsidized companies are doing A-OK.

But let's look at this from an optimistic perspective. Maybe Republicans are willing to do the right thing, and they simply need to start with an easier target. If that's the case, an obvious choice is the European Bank for Reconstruction and Development, or EBRD...

Continue reading: Pull the US out of the European Bank for Reconstruction and Development

Photo credit: Tamas Kovacs/EPA/Shutterstock

By permission of Veronique de Rugy and Creators Syndicate.

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