During his final two years in Congress, Garrett made no bones about wanting to scrap all federal support for the Ex-Im Bank, labeling it "taxpayer funded welfare" for big corporations.
Mr. Trump's selection of Garrett as the new head of the bank raised immediate questions in Washington about the bank's future, as a number of Republicans who are still in Congress believe the bank is a waste of taxpayer dollars.
"Yikes," said Sen. Claire McCaskill (D-MO) about the news of Garrett's selection.
Along with the nomination of Garrett, President Trump named another former Congressman, ex-Rep. Spencer Bachus (R-AL) to the Export-Import Bank board.
Both nominations must still gain Senate approval.
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