{"database": "press", "table": "releases", "rows": [["https://www.crapo.senate.gov/media/newsreleases/crapo-statement-at-hearing-on-treasury-nominees", "Crapo Statement at Hearing on Treasury Nominees", "2026-07-16", "2026", "2026-07", "Republican", "Senate", "ID", "Mike Crapo", "C000880", "www.crapo.senate.gov", "crapo", "https://www.crapo.senate.gov/media/newsreleases", "scraper", "Washington, D.C.\u2014U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) delivered the following remarks at hearing to consider nominees for the U.S. Department of the Treasury.\n\nAs prepared for delivery:\n\n\u201cThank you to our nominees, Mr. Brooke, Ms. Browne, Dr. Kothari and Mr. McMaster for being here today.\n\n\u201cCongratulations on your nominations and thank you for your willingness to serve.\n\n\u201cThis is an important and timely hearing for the Finance Committee. Less than two weeks ago, we marked the first anniversary of the Working Families Tax Cuts.\n\n\u201cOver the past year, the Treasury Department has worked expeditiously to implement the law\u2019s signature policies and to provide historic tax relief for working-class Americans.\n\n\u201cWhile each of you have been nominated for distinct roles, if confirmed, you will all oversee important work at Treasury to implement these and other policies, with the shared goal to promote domestic investment and boost economic growth.\n\n\u201cWe will first hear from Francis Brooke, who is nominated to be the Deputy Secretary of the Treasury.\n\n\u201cThe Deputy Secretary of the Treasury assists in the development of policies in all aspects of the Treasury Department's activities.\n\n\u201cMr. Brooke has an extensive record of public service, most recently as the Assistant Secretary of the Treasury for International Trade and Development, as well as Policy Director to House Majority Leader Steve Scalise and as a senior White House official during the first Trump Administration.\n\n\u201cI am confident this extensive background in government service has prepared him to support Secretary Bessent in the execution of important Treasury priorities, including the ongoing implementation of the Working Families Tax Cuts.\n\n\u201cIf confirmed, I look forward to working with him on promoting economic growth and delivering on historic tax relief for all Americans.\n\n\u201cNext, we will hear from Erin Browne, who is nominated to serve as Under Secretary of the Treasury for International Affairs.\n\n\u201cIf confirmed, Ms. Browne will manage a significant portfolio of international economic matters, including issues relating to global macroeconomic and financial developments, international financial regulation, and international trade and investment.\n\n\u201cIn addition, she will oversee U.S. participation in international financial institutions and working groups.\n\n\u201cGiven her background, she is well qualified to manage these issues.\n\n\u201cMost recently, Ms. Browne was a managing director and portfolio manager at PIMCO, a global asset management firm. She has also held senior positions at UBS and Citigroup, among other firms.\n\n\u201cIf confirmed, I look forward to working with her to ensure American leadership in global markets.\n\n\u201cWe will then hear from S.P. Kothari, who is nominated to be Assistant Secretary of the Treasury for Economic Policy.\n\n\u201cThe Assistant Secretary for Economic Policy is the Department of the Treasury\u2019s principal economist and advises on the economic effects of tax and budget policy.\n\n\u201cDr. Kothari\u2019s robust experience in academia, government and industry has well prepared him to provide this critical advice.\n\n\u201cPrior to his current government service, Dr. Kothari was the Gordon Y. Billard Professor of Accounting and Finance at MIT\u2019s Sloan School of Management, where he also served as Deputy Dean and head of the Department of Economics, Finance and Accounting.\n\n\u201cFrom 2019 to 2021, Dr. Kothari served as Chief Economist and Director of the Division of Economic and Risk Analysis at the U.S. Securities and Exchange Commission.\n\n\u201cPrior to his tenure at SEC, he also held several roles in the private sector. If confirmed, I am confident his expertise will serve him well at Treasury.\n\n\u201cFinally, we will hear from Hunter McMaster, who is nominated to serve as Assistant Secretary of the Treasury for Financial Markets.\n\n\u201cThe Assistant Secretary oversees a complex portfolio relating to financial markets, including the federal debt, government credit, and lending policies.\n\n\u201cMr. McMaster joins the government from the private sector, where he was previously Head of Trading at Key Square Group. He has also held positions at Morgan Stanley and Goldman Sachs, where he focused on foreign exchange and interest rate markets.\n\n\u201cSince last year, he has also served as Counselor to the Secretary as well as Director of Policy and Planning.\n\n\u201cI look forward to working with him, if confirmed, on policies to preserve the integrity and stability of the U.S. financial system.\n\n\u201cI want to thank all of our nominees again for their time.\u201d\n\n###", 1, "2026-07-17T07:15:58Z", "2026-07-17T07:17:05Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://www.crapo.senate.gov/media/newsreleases/crapo-statement-at-hearing-on-treasury-nominees"], "units": {}, "query_ms": 1.5229969285428524, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}