Conservative Group Opposes Ex-Im Bank Nomination
A conservative free market group wants Senators to oppose the re-nomination of Fred Hochberg as Export-Import Bank chairman, calling the Bank a distorter of the free market that should be terminated. Club for Growth Vice President-Governmental Affairs Andrew Roth posted…
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on the group’s website April 4 that Hochberg’s nomination vote will be included in its “2013 Congressional Scorecard,” which ranks legislators on their support for the Club’s free-market policies. President Obama nominated Hochberg to continue his tenure at the bank last month (see 13032206). The Bank’s charter -- extended last year with bipartisan support, though some Republicans did vote against it -- will expire Sept. 30, 2014. At the opening of the Bank’s annual conference April 4, Hochberg cautioned against a bowing to the “vocal minority” who oppose the Bank (see 13040417).