Wyden Formally Assumes Finance Chairmanship
Sen. Ron Wyden, D-Ore., formally took over the Senate Finance Committee as Chairman on Feb. 12, the committee and a Wyden spokesman said. Wyden plans to address Trade Promotion Authority with the Senate Democratic caucus, The Hill reported (here). The…
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National Foreign Trade Council (NFTC) said in a release Wyden is a potential partner with industry in pursuing pending trade agreements. “The NFTC congratulates Senator Wyden on his confirmation as Chairman of the Senate Finance Committee. Chairman Wyden has been a leader on trade throughout his Senate career -- particularly in addressing 21st century global trade issues -- and we have no doubt he will guide the Committee in advancing the U.S. trade agenda to promote economic growth and create American jobs,” said NFTC President Bill Reinsch. “This is a critical moment for the United States with the historic Trans-Pacific Partnership, Transatlantic Trade and Investment Partnership and Trade in Services Agreement negotiations underway, pending Trade Promotion Authority legislation and the potential for comprehensive tax reform. We look forward to continuing to work with Senator Wyden on these important trade and tax issues in his new role as Chairman.”