Export-Import Bank
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President Trump now is convinced that the Export-Import Bank's corporate welfare produces jobs. He said he would nominate people to fill its vacant board seats. (Associated Press)

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President-elect Donald Trump dismissed the Export-Import Bank on the campaign trail as "featherbedding" for politicians and huge companies that don't need the help. (Associated Press)

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General Electric Co. Chief Executive Officer Jeffrey Immelt threatened to move company jobs overseas if Congress didn't reauthorize the Export-Import Bank. (Associated Press)

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President Obama (center), with Paul Sullivan (left), vice president of international business development at Acrow Bridge, and Susan Jaime, CEO Ferra Coffee International, gestures during his meeting with small-business owners to discuss the importance of the reauthorization of the Export-Import Bank in the Roosevelt Room of the White House on July 22, 2015. (Associated Press)

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Export-Import Bank Providing Corporate Welfare Illustration by Greg Groesch/The Washington Times

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Sen., Lindsey Graham, R-S.C., talks to employees after touring New Hampshire Ball Bearings Thursday April 9, 2015 in Laconia, N.H. Lindsey met with workers to discuss their support of legislation re-authorizing the Export-Import Bank. (AP Photo/Jim Cole)

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Illustration on GOP conflicts over renewing the charter of the Export-Import Bank by Linas Garsys/The Washington Times

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Secretary of State John Kerry addresses a gathering of the Export-Import Bank at the Omni-Shoreham Hotel in Washington, Thursday, April 24, 2014. (AP Photo/J. Scott Applewhite)

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President Obama arrives for a speech at the Export-Import Bank's annual conference in Washington on Thursday, March 11, 2010. (AP Photo/Charles Dharapak)