Export-Import Bank back to full strength after Senate confirmations
On Wednesday, the senate voted to confirm three officials to the board of the Export-Import Bank.
Senators voted to confirm Kimberly Reed as president of the Ex-Im Bank and approved the nomination of former Rep. Spencer Bachus (R-Ala.) and Judith DelZoppo Pryor to be members of the bank’s board of directors.
With three of Ex-Im’s five board positions filled, the bank can now meet the legally required quorum to approve transactions worth more than $10 million.