April 18, 2017: Spencer T. Bachus III was nominated as a Member of the Board of Directors of the U.S. Export-Import Bank on Friday, April 14, 2017. Bachus, of Alabama, was nominated for a four-year term that ends on Jan. 20, 2019. Bachus is a member of Bachus and Broom, LLC. He was previously a U.S. House Representative from 1993 to 2015. Bachus received his law degree from the University of Alabama School of Law.