Toomey considers backing nominee to lead Ex-Im, will block board picks

Sen. Pat Toomey (R-PA) is “seriously considering” supporting President Trump’s new nominee to lead the Export-Import Bank but will maintain his hold on three bank board nominees, preventing the board from operating with a quorum, he said on Thursday. “I was pleased with her testimony,” Toomey told Inside U.S. Trade after a Senate Banking Committee hearing to consider the nomination of Kimberly Reed, who President Trump tapped to lead Ex-Im last month. “It was very constructive. She, I think,...