June 29,2012

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Baucus Applauds Committee Approval of Treasury, Trade Nominees

Finance Committee Green-Lights Nominees for Important Economic Positions

Washington, DCSenate Finance Committee Chairman Max Baucus (D-Mont.) today led the Finance Committee’s decision to favorably report three nominees: Mark Mazur to be Assistant Treasury Secretary for Tax Policy; Matthew Rutherford to be Assistant Treasury Secretary for Financial Markets; and Meredith Broadbent to be a Commissioner of the International Trade Commission (ITC). During a May 8th hearing, Baucus stressed the importance of these positions in overcoming the economic challenges facing the country.  All three nominations were approved unanimously.

“These nominees will fill important roles as we work to tackle the tough economic issues facing our country, simplify our tax code and make the US more competitive abroad,” said Baucus.  “There are challenges ahead for our economy, and we’re depending on strong, sound leadership from these nominees to overcome them.”

Mark Mazur is currently the Deputy Assistant Treasury Secretary for Tax Analysis.  Between 2001 and 2009, he was Director of Research, Analysis and Statistics of Income for the Internal Revenue Service.  During the Clinton Administration, Mazur was a Senior Director at the National Economic Council and a Senior Economist at the Council of Economic Advisors.  He holds an M.A. and Ph.D. from Stanford University and a B.A. from Michigan State University.  As Assistant Secretary, Mazur will direct the Office of Tax Policy’s efforts to develop and implement policies and programs. 

Matthew Rutherford is currently the Deputy Assistant Treasury Secretary for Federal Finance.  Rutherford holds an M.P.P. from the University of Chicago and a B.A. in Economics from Lafayette College.  As Assistant Secretary for Financial Markets, Rutherford will help develop policy on federal, state and local finances, financial market oversight and anti-counterfeiting efforts that will help ensure stability in the financial sector.

Meredith Broadbent is currently a senior advisor at the Center for Strategic and International Studies.  She previously served as Assistant U.S. Trade Representative for Industry, Market Access and Telecommunications and as a professional staff member on the House Ways and Means Committee.  Broadbent holds an M.B.A. from the George Washington University and a B.A. in History from Middlebury College.  As a Commissioner of the ITC, Broadbent will help enforce U.S. trade laws and protect U.S. jobs from unfair practices and intellectual property theft.