Ex-Im Bank: Republican infighting over fate of government-run business lender

Source: The Guardian

Conservatives in the Republican-controlled US House of Representatives, emboldened by the recent demise of majority leader Eric Cantor, are coalescing around a drive to to defund a state-run bank that boosts the American export market.

In the first legislative test of conservative power in the GOP since Cantor’s departure, rightwing Republican factions are seeking to force the closure of the Export-Import Bank, which has been repeatedly backed with bipartisan congressional support since it was created in 1934.

The move has prompted an immediate retaliation from more moderate, pro-business Republicans, amid signs that the party’s House conference is descending once again into an internecine scrap just days after a swift change in the party’s leadership resulted in the election of Kevin McCarthy as the party's new majority leader.

...

That move, the first major gesture since McCarthy ascended to the second-ranking position in the House, has prompted a frustrated response from congressman Charles Boustany, who is leading a backlash within the party. Boustany, from Louisiana, led a pack of 41 Republicans who wrote to McCarthy this week warning that failing to renew the bank’s charter would be tantamount to “unilateral disarmament” in the battle for export business with China and Europe.

Read more: http://www.theguardian.com/world/2014/jun/25/ex-im-bank-republican-infighting-over-fate-of-government-run-business-lender

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So a non-partisan entity that promotes US business exports *successfully* is a target for these Tea Party clowns?

Why would the Tea Party sabotage a successful, pro-business institution that has flown under the radar for all those years?