Lawmaker Blasts US Official’s Ties to Sanctioned Russian Firm
Senate Banking Committee ranking member Elizabeth Warren, D-Mass., urged Bryce McFerran to resign from his position as acting chief banking officer at the U.S. Export-Import Bank because of his ties to Russian metals and mining company Evraz, which the U.K. sanctioned in 2022 for conducting railway work that supports Russia’s military.
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Warren said Oct. 30 that McFerran had already decided to withdraw his nomination to be Ex-Im’s first vice president and board vice chair after she raised questions about his work for a Swiss subsidiary of Evraz.
White House spokesman Kush Desai accused Warren of “falsely claiming a non-existent scalp,” saying McFerran withdrew from the nomination process for “personal reasons” and that his prior business interests were cleared by the independent U.S. Office of Government Ethics. Desai said McFerran will remain in his current position “until a permanent replacement is named in the coming weeks.”