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Business Advocacy Group Rejects Hochberg Ex-Im Bank Nomination

Self-described business advocacy group Americans for Job Security President Stephen DeMaura in a July 10 statement urged U.S. Senators to oppose Fred Hochberg’s nomination to continue to head the Export-Import bank. The Senate Banking Committee in June voted 20-2 in…

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favor of the incumbent bank president’s nomination. A spokesman for Sen. Harry Reid said the Senate confirmation vote could come as early as next week, according to Reuters (here). Hochberg became president and chairman of the bank in 2009.