
Trump Nominates Ex-Im President
June 27, 2018 3:23 pmOn June 20, President Trump tapped Kimberly Reed, a former Treasury official to lead the U.S. Export-Import Bank, the next step forward in the years-long fight to revive the bank.
On June 20, President Trump tapped Kimberly Reed, a former Treasury official to lead the U.S. Export-Import Bank, the next step forward in the years-long fight to revive the bank.
Last week, the Senate—in a primarily symbolic procedural vote—demonstrated broad support for a long-term reauthorization of the Export-Import Bank of the U.S. (Ex-Im) with 65 Senators voting in support of the Bank.
With only a few days left before the August Congressional recess, it is looking more likely that the fate of the reauthorization of Export-Import Bank will not be determined until the 11th hour in September.
Yesterday, the Senate Committee on Banking, Housing and Urban Affairs held a hearing for Fred P. Hochberg, who has been re-nominated by President Barack Obama to serve as Chairman and President of the Export-Import (Ex-Im) Bank of the United States for a second term.