JOHNSON STATEMENT ON COMMITTEE APPROVAL OF NOMINATION OF FRED HOCHBERG

WASHINGTON – Today, Senate Banking Committee Chairman Tim Johnson (D-SD) held a committee vote on the nomination of Fred Hochberg to be President of the Export-Import Bank of the United States. Mr. Hochberg was approved in a bipartisan vote of 20-2, and his nomination will now be sent to the full Senate for approval.

 

“With Fred Hochberg as President, the Ex-Im Bank has set new records in financing the export of U.S. goods and services around the world. Last year, the Bank helped support more than 250,000 American jobs, and helped American exporters reach into new and growing international markets,” said Chairman Johnson. “Today’s bipartisan vote is a testament to Fred’s dedication and record of success, and I hope the Senate will move quickly to confirm him for another term.”