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McFerran Withdraws as Ex-Im VP Nominee Amid Scrutiny

10/30/2025

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Story summary
  • Bryce McFerran, nominee for first vice president at the U.S. Export-Import Bank, withdrew amid scrutiny over ties to Russia.
  • Senator Elizabeth Warren (D-Mass.) criticized his judgment and national security implications.
  • Despite the withdrawal, Warren called for his resignation from his current role as acting chief banking officer.
  • A White House spokesperson defended McFerran, saying his business interests were vetted by the Office of Government Ethics.