Draining the swamp? Or putting a fox in the henhouse? President Trump nominated former congressman Scott Garrett to become president of the Export-Import bank. Garrett is a noted critic of the bank, believing it “embodies the corruption of the free enterprise system.” Trump spoke out against the bank while on the campaign trail, but reversed himself this past week by indicating his support. The Hill: If confirmed, Garrett would serve a four-year term at the helm of the bank, which aims to make U.S. exports more competitive around the world by lending money to foreign buyers. Trump is also nominating another former lawmaker to the bank: Spencer Bachus of Alabama, who once led the financial services panel. Bachus, who served on Capitol Hill from 1993 to 2014 and supported the bank’s reauthorization. Trump opposed the Ex-Im Bank on the campaign trail, but he did an about-face this week, saying he now supports...(Read Full Post)