November 18,2009

Finance Committee Releases Memo Regarding Brainard Nomination


To: Reporters and Editors

From: Dan Virkstis for Finance Chairman Max Baucus (D-Mont.); Jill Kozeny for Finance Ranking Member Chuck Grassley (R-Iowa)

Re: Documents related to Treasury Under Secretary for International Affairs nominee Lael Brainard

The Senate Finance Committee is releasing documents today related to the nomination of Lael Brainard to be Under Secretary of the U.S. Treasury for International Affairs. The Finance Committee documents, compiled from information received and discovered in the Committee’s vetting process for the nominee, reflect certain errors in documents submitted to the Committee. Steps have been taken by the nominee to bring her documents into compliance.

Senate Finance Chairman Baucus and Ranking Member Grassley are releasing the information after discussions with the nominee, the Treasury Department and the White House. The Senators released the report during a briefing today with staff of Finance Committee members regarding the nomination.