Senate removes hurdle to approving export bank chief

WASHINGTON • The Senate has voted overwhelmingly to free another of President Barack Obama’s stalled nominees for a confirmation vote, this time the head of the Export-Import Bank. Senators cleared the way for approval of Fred Hochberg to a second four-year term heading the agency by a 82-18 roll call on Wednesday. The bank provides financing for U.S. exporters. The vote cleared the way for Hochberg’s confirmation later Wednesday. On Tuesday, the Senate approved the first of the seven blocked no...

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