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BAFT News and Press Releases

 

BAFT Issues a Statement on the Senate Hearings for the Export-Import Bank Board Member Nominations

by BAFT Admin | Nov 01, 2017
On November 1, 2017, the Senate Banking Committee met in an open session to conduct a hearing on the Export-Import Bank board member nominations.

On November 1, 2017, the Senate Banking Committee met in an open session to conduct a hearing on the Export-Import Bank board member nominations.

BAFT has issued a Statement for the Record which calls for returning Ex-Im Bank to fully operational status by confirming Ms. Kimberly A. Reed, of West Virginia, to be First Vice President of the Export-Import Bank; The Honorable Spencer Bachus III, of Alabama, to be a Member of the Board of Directors of the Export-Import Bank; Ms. Judith Delzoppo Pryor, of Ohio, to be a Member of the Board of Directors of the Export-Import Bank; and Ms. Claudia Slacik, of New York, to be a Member of the Board of Directors of the Export-Import Bank.

The statement goes on to make three core arguments: 1.  Trade and export finance drive economic growth,   2. Ex-Im Bank needs a fully operational Board and, 3. The private sector cannot fill the void in export financing without Ex-Im.

Read the Statement for the Record here. For additional information, please email drodriguez@baft.org.