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Kimberly Reed Nominated Export-Import Bank President

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Kimberly Reed

Kimberly Reed, former president of the International Food Information Council Foundation, has been nominated by President Donald Trump to serve a four-year term as president of the Export-Import Bank.

Prior to the foundation, Reed worked at the Treasury Department, where she led the Community Development Financial Institutions Fund and served as senior adviser to former Treasury secretaries Henry Paulson and John Snow, the White House announced Wednesday.

She previously served as counsel to three House committees and vice president for financial markets policy relations at Lehman Brothers.

Reed is the first elected female chair of the Republican National Lawyers Association and currently sits on the boards of the American Swiss Foundation and Alzheimer’s Association.

Reuters reported that Boeing issued a statement Wednesday about the trade bank’s role in economic growth after the White House announced Reed’s nomination.

“Restoring the Export-Import Bank to full strength with a board quorum is the best thing Washington can do right now to grow our economy through exports, shrink our trade deficits and level the playing field so American workers can win,” Tim Keating, executive VP of government operations at Boeing, said in a statement.