|FOR IMMEDIATE RELEASE:||CONTACT: CHRISTI HARLAN|
|Tuesday, November 9, 1999||202-224-0894|
The Senate Committee on Banking, Housing and Urban Affairs voted today to approve two nominations:
-- Gregory A. Baer of Virginia to be Assistant Secretary for Financial Institutions at the Department of the Treasury and
--Susan M. Wachter of Pennsylvania to be Assistant Secretary for Policy Development and Research at the Department of Housing and Urban Development.
Baer's nomination was approved 20-0, and Wachter's nomination was approved 19-1. The nominations will be forwarded to the full Senate for a vote.
The nominees appeared before the Banking Committee on Friday, Nov. 5. Statements by the nominees and committee members can be found under "hearings" on the committee's website.