U.S. Senate Finance Committee Chairman Mike Crapo discussed three nominees for senior Treasury and Commerce Department positions at a nominations hearing. The posts cover domestic financial policy, Treasury legal oversight and enforcement of U.S. trade laws.
Francis Browne is nominated to serve as under secretary of the Treasury for domestic finance. The office develops policy and guidance on financial institutions, federal debt finance, financial regulation and capital markets. Bob Stebbins is nominated as Treasury general counsel, the department’s principal legal officer. The role includes advising senior officials and ensuring that regulations and guidance implementing the Working Families Tax Cuts and other tax policies comply with the law and reflect congressional intent.
Chris Abbott is nominated to serve as assistant secretary for enforcement and compliance at Commerce’s International Trade Administration. The position oversees enforcement of U.S. trade laws, including antidumping and countervailing duty measures addressing unfair trade practices. Abbott previously held senior White House and Commerce positions involving trade enforcement and manufacturing policy.