White House Taps BofA Exec For Commerce Trade Post

Law360, New York (November 8, 2013, 2:33 PM EST) -- President Barack Obama on Thursday nominated a Bank of America Corp. executive to take over as head of the U.S. Department of Commerce's International Trade Administration, following the former undersecretary for international trade's departure.

Obama tapped Stefan M. Selig, currently an executive vice president of global corporate and investment banking at Bank of America Merrill Lynch, to serve as undersecretary for international trade. If the Senate confirms Selig, he would head up the Commerce Department's ITA and fill a slot vacated by former undersecretary Francisco Sanchez,...
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