Following Tuberville Advocacy, Senate Confirms Bachus to the Export-Import Bank Board

WASHINGTON – Today, the U.S. Senate passed a year-end executive branch nominations package, confirming key appointees to a number of federal agencies. U.S. Senator Tommy Tuberville worked with Senate leadership in negotiating the package and was successful in ensuring the inclusion of Alabamian Spencer Bachus’s nomination to a second term on Board of Directors of the Export–Import Bank of the United States. Congressman Bachus represented Alabama in Congress for 22 years and chaired the House Financial Services Committee with distinction.

Senator Tuberville released the following statement congratulating Congressman Bachus on his confirmation:

“Congratulations to my friend and fellow Alabamian Spencer Bachus on his confirmation to a second term on the Export–Import Bank Board,” said Senator Tuberville. “Since his initial appointment to the board by President Trump, Congressman Bachus has fought to help U.S. businesses remain competitive against companies in adversarial nations like China. Our country is fortunate to have Congressman Bachus serving in this key role, and I look forward to seeing all that he accomplishes in his second term.”

Senator Tuberville also congratulated Mark Uyeda and Tanya Otsuka on their respective confirmations to the Securities and Exchange Commission and the National Credit Union Administration Board.

“Mark Uyeda has been a voice for reason at the SEC who has consistently opposed Gary Gensler’s radical regulatory agenda,” said Senator Tuberville. “I know Mr. Uyeda will continue to push back aggressively when he sees Biden regulators attempting to undermine U.S. capital markets. Tanya Otsuka has big shoes to fill at the NCUA. Her predecessor, Rodney Hood, set the gold standard for leadership at the agency as its eleventh chairman and the first Black American to lead a federal banking regulatory agency. Ms. Otsuka committed in her confirmation to be a voice for rural credit unions, and I look forward to welcoming her to Alabama in 2024 to meet with our state’s credit union leaders.

Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, and HELP Committees.