• Wyden to Head Senate Finance
  • January 3, 2014
  • Law Firm: McDonald Hopkins LLC - Cleveland Office
  • The impending departure of Senator Max Baucus (D-MT) leaves an opening at the head of the Senate Finance Committee - an opening that will likely be filled by Senator Ron Wyden (D-OR).

    Wyden, who was first elected in 1996, is known as a results-oriented senator and someone who has shown a willingness to work with members on both sides of the aisle.

    Wyden's potential move to Chair the Senate Finance Committee was greeted with optimism by Republican Senators and Republican lobbyists who believe that Wyden, like Baucus, will be open to working on issues important to GOP constituencies.

    Wyden, who currently serves as chairman of the Senate Energy and Natural Resources Committee, declined to talk specifically about the potential chairmanship of the Finance Committee, but indicated an interest in continuing Baucus’ work with House Ways and Means Committee Chairman Dave Camp (R-MI) on tax reform and pursuing legislation to boost renewable energy supplies. Becoming chairman of Finance would require Wyden to relinquish the Energy Committee gavel.

    Wyden told the Washington Examiner, “I think it’s pretty well understood: I think that the tax code is a dysfunctional mess; it’s a 100 years old this year and suffice it to say it looks its age everyday.”