President Donald Trump’s pick for a top post at the U.S. Export-Import Bank withdrew his nomination on Wednesday after facing scrutiny from Democrats over his ties to Russian companies.
Bryce McFerran, who was nominated to serve as first vice president and vice chair of the bank, reportedly worked for years as an executive at a Russian-owned steel company and has family ties through his wife’s relatives to the Kremlin.
The Russian connections, first reported Wednesday by the Washington Post, drew scrutiny in recent weeks from the top Democrat on the Senate Banking Committee, Sen. Elizabeth Warren of Massachusetts, who pressed McFerran over…
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