November 18,2009

Press Contact:

Dan Virkstis (202) 224-4515

Baucus Comment Regarding Brainard Nomination

Washington, DC— Senate Finance Committee Chairman Max Baucus (D-Mont.) issued a statement today regarding the nomination of Lael Brainard to serve as Under Secretary of the Treasury for International Affairs. Baucus’ statement followed the release by the Finance Committee of several documents related to issues uncovered in the panel’s vetting of the nominee.

“I am satisfied Ms. Brainard has taken the steps necessary to fix the discrepancies in documents submitted to the committee. We intend to move forward as soon as possible on this nomination, to bolster the efforts at Treasury and strengthen America’s recovery at home and abroad,” Baucus said. “Treasury needs this position filled now, and the American people expect every available resource to be used to forge beyond this recession. Now more than ever, we have to roll up our sleeves to keep this economy moving. Lael Brainard has the right combination of experience and skill for these difficult economic times and for these reasons, I support her nomination to be the next Under Secretary of the Treasury for International Affairs.”