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Senate Banking Committee OKs Adam Szubin’s Treasury Nomination

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Adam Szubin
Adam Szubin

The Senate Banking Committee on Thursday voted 14-8 to approve the nomination of Adam Szubin as undersecretary for terrorism and financial intelligence at the Treasury Department, Bloomberg reported Friday.

Elizabeth Dexheimer writes Szubin was nominated by President Barack Obama in April last year to lead the department’s efforts to stop financing for terrorist groups.

He currently holds the undersecretary role on an acting basis and testified before the banking panel during a hearing in September about his nomination for a full-time post.

The committee postponed recommendation votes on Szubin and 14 other presidential nominees last year due to a disagreement between the White House and Republican lawmakers over Obama’s nuclear deal with Iran, Reuters reports.

“Szubin is well-qualified for this important position and the full Senate should confirm him without further delay,”  Sen. Sherrod Brown (D-Ohio) was quoted as saying.