Senate Confirms Ex-Im Bank Board Nominees
The Senate on May 8 confirmed Judith DelZoppo Pryor, Spencer Bachus and Kimberly Reed to the board of directors of the Export-Import Bank of the United States. Pryor and Bachus will serve as board members and Reed will serve as…
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the bank’s president. Pryor and Reed serve terms through Jan. 20, 2021; Bachus' term is through Jan. 20, 2023. The confirmations gave the bank enough directors for a quorum to approve transactions of more than $10 million (see 1905070009). The U.S. Chamber of Commerce praised the confirmations in a May 8 statement: “Their confirmation restores Ex-Im to full functionality and will allow the Bank to get back to its critical mission of supporting U.S. exporters.”