2 Senate Republicans List Conditions for Approving Treasury Nominees
Senate Republicans said they will drop their objections to two Treasury Department nominees slated to oversee the agency’s sanctions work (see 2106220037) if the Biden administration sanctions the company behind the Nord Stream 2 pipeline project. In a Sept. 13 letter to Senate Banking Committee Chairman Sherrod Brown, D-Ohio, and Senate Committee on Foreign Relations Chairman Bob Menendez, D-N.J., Sens. Ted Cruz of Texas and Pat Toomey of Pennsylvania laid out their conditions for dropping their opposition and said they are “hopeful” President Joe Biden will commit to sanctions against Nord Stream 2 AG.
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
“These positions have been conveyed to the Biden administration in granular detail,” the senators said. “Whether NS2 AG is sanctioned under [the Countering America's Adversaries Through Sanctions Act] is not simply a matter of policy preference; it is the law.”
A dozen Senate Republicans said last month that they plan to oppose the nominations of Brian Nelson to be undersecretary of the Terrorism and Financial Intelligence office and of Elizabeth Rosenberg for assistant secretary of terrorist financing (see 2107300014). A White House spokesperson said officials hope the Senate will move quickly to confirm the nominees.