Biden appoints former State Department official to head Export-Import Bank

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President BidenJoe BidenHouse The Democrat threatens to vote against the party’s spending bill if the HBCU does not receive more federal aid. Defense and National Security Overnight – Pentagon’s Deadly Mistake Haitians Stranded in Texas Prolong Biden’s Immigration Problems MORE appointed a former State Department official during the Obama administration to lead the Export-Import Bank of the United States, setting it on the path to becoming the first person of color to lead the Federal Export Credit Agency.

Reta Jo Lewis, who has worked in international affairs and public policy for over 25 years, was among the a Monday list several other key appointments for commerce and commerce positions within the Biden administration.

Lewis, who was the very first Special Representative for Global Intergovernmental Affairs at the State Department under then Secretary of State Hillary ClintonHillary Diane Rodham Clinton Lawyer Indicted in Durham Inquiry Pleads Not Guilty Lawyer Charged with Lying to FBI in Durham Inquiry Durham seeks indictment of Democrats-linked lawyer : PLUS reports, is currently likeSenior Fellow and Director of Congressional Affairs at the German Marshall Fund of the United States, a non-partisan think tank focused on promoting cooperation between the United States and Europe.

Prior to serving in the Obama White House, Lewis worked as a Special Assistant for Political Affairs for the former President Bill clintonWilliam (Bill) Jefferson Clinton Business Coalition Aims to Provide Jobs for Afghan Refugees Biden Appoints Former State Department Official as Chief Export-Import Bank Obamas, Bushes and Clinton Join New effort to help Afghan refugees MORE.

After Clinton left the Oval Office, Lewis became Vice President and advisor to the president of the United States Chamber of Commerce, making her the first African-American woman to hold the post, the White House said in its press release.

If confirmed, Lewis, 67, will head the federal agency Republicans for years have set limits by refusing to approve board members, arguing that the bank, which guarantees loans to foreign buyers and provides credit insurance, is a form of corporate welfare that puts American taxpayers at risk.

However, the old President TrumpDonald TrumpOvernight Defense & National Security – The Pentagon’s Deadly Mistake Overnight Energy & Environment – Presented by Climate Power – Interior returns BLM headquarters to Washington France draws ambassadors to the United States and Australia to protest the deal on the submarines decided to back the agency to boost the United States in its trade war with China, with Congress renewing the bank in 2019 and adopting measures to keep it fully operational until at least 2026.

Supporters of the bank have argued that it is helping put domestic manufacturers on a level playing field with companies around the world, with previous Export and Import Bank financings backing big companies like Boeing and General Electric, according to the Wall Street Journal.

Biden’s list of appointments on Monday also included the privacy hawk Alvaro Bedoya be Democratic Commissioner of the Federal Trade Commission, as well as a former Obama administration official Maria “Marisa” Lago for Undersecretary of Commerce for International Trade at the Ministry of Commerce.

During the Obama administration, Lago served as the Treasury Department’s Assistant Secretary for International Markets and Development, overseeing activities with the World Bank and regional development organizations.


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