Finance Committee Advances Treasury Nominations

Washington, D.C.-The U.S. Senate Finance Committee advanced the nominations of Francis Brooke to be Deputy Secretary of the Treasury by a vote of 14-13, Erin Browne to be an Under Secretary of the Treasury by a vote of 14-13, Sriprakash Kothari to be an Assistant Secretary of the Treasury by a vote of 14-13, and George McMaster to be an Assistant Secretary of the Treasury by a vote of 14-13.

Following the vote, Chairman Mike Crapo (R-Idaho) issued the statement below:

"I commend the Committee's action and congratulate each nominee.

"During his hearing, Mr. Brooke emphasized the importance of promoting economic growth through sound fiscal policy, strengthening America's position in the international economic system, and supporting innovation that reinforces the U.S. dollar's role as the world's reserve currency. I was encouraged by his commitment to advancing polices that promote long-term prosperity while recognizing that economic security is national security.

"Ms. Browne spoke about the need to strengthen American leadership in the international economy, and I appreciated her commitment to advancing policies that prioritize the interests of American workers while reinforcing the United States' leadership in the global financial system.

"Dr. Kothari pledged to uphold the Office of Economic Policy's tradition of providing unbiased economic information and sound policy advice while maintaining a close working relationship with Congress.

"Mr. McMaster discussed the importance of maintaining the central role of the U.S. Treasuries in the global financial system and committed to advancing policies that strengthen market integrity and expand opportunities for Americans to invest with confidence.

"I am confident in each nominee's qualifications and look forward to their confirmation by the full Senate."

Executive session information can be found HERE.

Read Chairman Crapo's full statement at the nomination hearing HERE.

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