Richard ShelbySenate Banking CommitteeChairman Richard Shelby (R-Ala.) said he has not decided when — oreven if – the panel will consider the nomination of NCUA Board Member J. Mark McWatters to theExport-Import Bank Board of Directors.

“A lot of us would like to abolish the Export-Import Bank,”Shelby (pictured at left) said in an interview with CUTimes.

Even though Senate Banking Committee hearings are underway forsome Obama Administration nominees, Shelby made it clear that adecision on whether to move the nomination of McWatters and otherscontinues to depend on whether the administration nominates a vicechairman of supervision at the Federal Reserve.

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