Sen. Baucus Named Ambassador To China, Reports Say

Law360, New York (December 19, 2013, 5:46 PM ET) -- White House officials would neither confirm nor deny reports that President Barack Obama will nominate Senate Finance Chairman Max Baucus to serve as the next ambassador to China, a move that would jeopardize a series of tax reforms Baucus has proposed over the past month.

Baucus’ office also did not respond to a request to either confirm or deny the reports, which came as Sen. Orrin Hatch, R-Utah, the Finance Committee’s top Republican, told reporters that the move was a “done deal.”

Upon leaving the Senate,...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers