Max Baucus: “shortly a UC request will be made to ask that the nomination of David Cohen to be Under Secretary for Terrorism, and…”

“shortly a UC request will be made to ask that the nomination of David Cohen to be Under Secretary for Terrorism, and Financial Crimes, U.S. Department of Treasury, be referred to the Committee on Banking, Housing and Urban Affairs after that nomination is reported by the Committee on Finance. I want to make it clear this action in no way should be taken to negate or diminish the jurisdiction of the Committee on Finance over this nomination. The Office of Terrorism and Financial Intelligence is a very important part of the Treasury Department, and the Committee on Finance has a fundamental interest to conduct oversight over that office, along with the entire department. I respect the interest my colleagues have in this important position, and in the interest of thorough oversight do not plan to object to the UC request. However, I want to stress that this UC request will only cover the specific nomination of David Cohen currently before the Committee on Finance, and does not apply to any other nomination of Mr. Cohen or of any person, including Mr. Cohen, to the Office of Under Secretary for Terrorism and Financial Crimes.”