Frank Lautenberg: “I wish to comment on the nomination of Alice Rivlin, our current Director of the Office of Management and Budget. Mr.…”

“I wish to comment on the nomination of Alice Rivlin, our current Director of the Office of Management and Budget. Mr. President, Alice Rivlin also has enjoyed a long and distinguished career in public service. She played a major role in building the Congressional Budget Office, and establishing CBO as a highly respected institution in this city. She has had a distinguished career as an economist and policy analyst. And she has served admirably as Director of the Office of Management and Budget. Mr. President, few objective observers would question the commitment of Alice Rivlin to fiscal responsibility. Her reputation as an advocate for fiscal integrity has been well established for many years. She also has a reputation as someone who tells the truth. Alice Rivlin is not afraid to tell truth to power. And she is more than willing to ruffle a few feathers in the process. She has done so in the past. And I'm sure she would continue to do so at the Federal Reserve. Mr. President, Alice Rivlin is a public servant, not a politician. That's the kind of person I would think all Americans should want at the Federal Reserve. So, Mr. President, I urge my colleagues to support Alice Rivlin's nomination to the Federal Reserve Board. And I hope she can be confirmed by a strong, bipartisan vote.”