Senate Finance Chairman Baucus Announces Retirement
Senate Finance Committee Chairman Max Baucus, D-Mont., will not run for reelection next year. Baucus, who has served in the Senate for 35 years, announced his retirement April 23. The decision was made “after much consideration and many conversations” with…
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his family, Baucus said in a statement. For the remainder of his term, Baucus said he will focus on tax reform, debt reduction and pushing "job-creating trade agreements" through the Senate. He has served as Finance Committee Chairman since 2007. After Baucus, the senior-most Democrat on the Committee is Sen. Ron Wyden, D-Ore., since Sen. Jay Rockefeller, D-W.V., will also be retiring at the end of his term.