Finance Chairman Baucus Welcomes China Ambassador Nomination
President Barack Obama formally announced on Dec. 20 his intent to nominate Finance Chairman Max Baucus, D-Mont., as Ambassador to China (here). Baucus welcomed the nomination, pledging to take on the role if confirmed, according to a statement (here). “The U.S.-China relationship is one of the world’s most important bilateral relationships,” said Baucus. “My goal will be to further strengthen diplomatic and economic ties between our two nations.” Baucus, however, does not plan to resign from the Senate to until confirmation, said a Baucus spokesman, a process that could take several months.
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“From a legislative standpoint, Congress is losing a true giant. He has racked up more legislative victories than most can ever hope for,” said House Ways and Means Chairman Dave Camp, R-Mich., in a statement. “It is a great relief that Max is expected to be replaced by Ron Wyden, someone I’ve known for a long time and trust.” Camp and Baucus, along with Finance ranking member Orrin Hatch, R-Utah, brokered a recent deal on Trade Promotion Authority (see 13121717). Wyden's office did not immediately respond for comment.
Email ITTNews@warren-news.com for a copy of the Camp statement.