Fred Hochberg to be Named Chair of Export-Import Bank

Groups have been pushing for Fred Hochberg to be named Secretary of Commerce, but the Victory Fund has learned that Obama will name Hochberg Chair of the U.S. Export-Import Bank:

Hochberg“[The bank] serves as the country’s official export credit agency, helping to finance the export of U.S. goods and services to international markets. Hochberg will be the bank’s first-ever openly gay chair. The LGBT community’s Presidential Appointments Project has been working with the Obama-Biden Transition Team to identify qualified openly LGBT Americans who are willing to serve their country as presidential appointees. Hochberg, who was appointed to head the Small Business Administration by President Bill Clinton, has been mentioned for several high-level positions in the Obama administration.”

Said Chuck Wolfe, president and CEO of the Victory Fund: “This is very good news. Fred Hochberg’s talent and business acumen will serve U.S. companies well. But he will also set an important example as an openly gay person in a top leadership position in the business community.”

Obama to name Hochberg chair of Export-Import Bank [gay politics]