Warren Backs Ex-Im Bank as Heritage Invites Her to Speak

Every so often, the political spectrum in Washington bends to the point that erstwhile opponents find themselves walking in lockstep.

Last year, one of the House’s most outspoken Democrats, Arizona’s Raul Grijalva, agreed with Tea Party favorite Justin Amash on an amendment that would have restricted the National Security Agency’s spying powers. Tea Party groups and peaceniks both opposed U.S. intervention in Syria.

This week, Democrats such as Colorado’s Jared Polis teamed with Kentucky’s Thomas Massie and fellow libertarians to approve a House amendment that would let U.S. banks accept cash from marijuana businesses in states where pot is legal.

Could the dynamic repeat itself on the question of whether to renew the U.S. Export-Import Bank? Heritage Action of America thinks so.

The Tea Party-aligned group sent a letter today to Sen. Elizabeth Warren, a Massachusetts Democrat known for taking populist stands against corporate America, inviting her to speak about  ending the lender “and the political favoritism it engenders.”

“We, like you, are frustrated with a political economy that benefits well-connected elites at the expense of all Americans,” Heritage Action Chief Executive Officer Michael Needham wrote. “Your presence will send a clear signal that you are going to fight the most pressing example of corporate welfare and cronyism pending before Congress right now.”

Alas, it doesn’t sound like the former Harvard law professor will be lecturing to Heritage audiences any time soon.

“Senator Warren believes that the Export-Import Bank helps create American jobs and spur economic growth, but recognizes that there is room for improvement in the bank’s operations,” Warren spokesman Lacey Rose tells us in an e-mail. “She looks forward to reviewing re-authorization legislation if and when it is introduced.”

 

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