Treasury, ITC Nominees Pressed On Currency, Transparency

Law360, New York (November 20, 2013, 2:27 PM EST) -- A Senate panel on Wednesday pressed nominees for top posts at the U.S. Department of the Treasury and International Trade Commission on their plans for dealing with foreign currency manipulation and ensuring that Congress remains informed about the work of their respective agencies.

At a hearing Wednesday morning, the Senate Finance Committee considered the nominations of Sarah Bloom Raskin, a current member of the Federal Reserve Board of Governors, to serve as deputy Treasury secretary, and Rhonda Schmidtlein, a longtime government attorney, to serve as an...
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