FOR IMMEDIATE RELEASE: CONTACT: CHRISTI HARLAN
Tuesday, November 9, 1999 202-224-0894

COMMITTEE APPROVES NOMINEES TO TREASURY, HUD

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.

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