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Americans For Prosperity Americans for Prosperity (AFP) and Americans for Prosperity Foundation (AFP Foundation) are committed to educating citizens about economic policy and mobilizing those citizens as advocates in the public policy process. AFP is an organization of grassroots leaders who engage citizens in the name of limited government and free markets on the local, state and federal levels. The grassroots members of AFP advocate for public policies that champion the principles of entrepreneurship and fiscal and regulatory restraint.

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Ex-Imís lack of response to FOIA requests underscores agency failures

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Unread 10.03.19, 11:37 PM
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Ex-Imís lack of response to FOIA requests underscores agency failures

10.03.19 01:54 PM

Arlington, VA Ė Americans for Prosperity filed a lawsuit against the Export Import Bank and the U.S. Department of the Treasury for failure to comply with Freedom of Information Act requests and deadlines. In July, AFP submitted requests seeking access to records indicating whether Ex-Im is complying with a requirement in its charter to minimize the need for government subsidized export financing. The Ex-Im Bankís charter requires the bank to conduct outreach to other countries with the goal of eliminating subsidies and leveling the playing field. The charter states that the Bank should seek ďto minimize competition in government-supported export financingĒ and ďto reach international agreements to reduce government subsidized export financing.Ē*AFP’s suit follows a request for information about the Bankís dealings, which indicate it is not conducting the necessary outreach to other countries, and is, therefore, ignoring its mission to minimize subsidies. Today, the Export-Import Bank is a corporate-welfare agency that uses taxpayer dollars on risky loans for foreign companies, and foreign governments, to buy U.S. goods. The Ex-Im Bank has long been a poster child for inexcusable government favoritism which undermines competition and job creation. Congress voted for a short-term extension of the bank, which is set to […]

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