AISenate Finance Committee votes on three Treasury nominees

Title

Senate Finance Committee votes on three Treasury nominees

Purpose

The Senate Finance Committee met to formally consider and vote on three Treasury Department nominations: Jonathan Greenstein for Deputy Under Secretary for International Finance, Donald Korb for IRS Chief Counsel, and Derek Theurer for Deputy Under Secretary for Legislative Affairs. Chair Crapo outlined each nominee's background and voiced support, while Ranking Member Wyden used his remarks to criticize the Trump administration's handling of Treasury and the IRS and to urge a "no" vote. The committee planned to formally vote later that afternoon on the Senate floor. Begins at▶ 0:19:25

Who spoke

• Chair Mike Crapo (R-ID)▶ 0:19:25: Opened the meeting to consider the three nominations▶ 0:19:25, summarized Greenstein's focus on international financial agreements and IMF reform▶ 0:19:53, praised Korb's IRS career and integrity▶ 0:20:45, and Theurer's Capitol Hill experience relevant to Treasury legislative affairs▶ 0:21:18; announced he would vote yes on all three and urged colleagues to do the same▶ 0:21:45. Later clarified that the vote is only on Theurer's nomination as Assistant Secretary of Legislative Affairs, separate from his newly announced temporary role performing duties of Deputy Treasury Secretary▶ 0:27:29. Closed the meeting, announcing it would recess and reconvene to vote off the Senate floor at approximately 3:00 p.m.▶ 0:28:20.

• Sen. Ron Wyden (D-OR), Ranking Member▶ 0:22:03: Argued the Trump administration has made the federal government a "black box" on transparency and accountability▶ 0:22:03, and said Elon Musk and DOGE gained access to Treasury's internal payment systems containing sensitive taxpayer data with unclear oversight▶ 0:22:30. Criticized the nearly $1 trillion in Medicaid cuts paired with corporate tax cuts▶ 0:23:22, said Korb would help share IRS taxpayer data with DHS to target immigrant communities▶ 0:24:12, and objected to Theurer simultaneously being tapped to perform Deputy Treasury Secretary duties before Senate confirmation▶ 0:24:44. Noted the IRS Commissioner was given an additional "CEO" title this week▶ 0:26:00, and urged colleagues to vote no on all three nominees▶ 0:27:01; briefly responded again after Crapo's clarification▶ 0:28:04.

Key moments

• Crapo detailed all three nominees' portfolios: Greenstein on international finance and IMF core responsibilities▶ 0:20:24, Korb on IRS enforcement and taxpayer service▶ 0:20:45, and Theurer on Treasury's legislative affairs responsibilities under the "big beautiful bill"▶ 0:21:18.

• Wyden said DOGE's access to Treasury's payment systems left it unclear who has access to sensitive taxpayer data or what is being done with it▶ 0:22:30.

• Wyden alleged Korb, if confirmed, would be "integral" to sharing IRS taxpayer information with the Department of Homeland Security to target immigrant communities▶ 0:24:12.

• Wyden noted that just one day before the meeting, Treasury announced Theurer would also perform the duties of Deputy Treasury Secretary despite not yet being confirmed to his nominated post▶ 0:24:44, calling it a sign the administration would be "even less responsive to Congress"▶ 0:25:07.

• Crapo pushed back procedurally, clarifying the committee's vote today covers only Theurer's nomination as Assistant Secretary of Legislative Affairs, not the separate temporary Deputy Secretary designation▶ 0:27:29.

• Wyden said the IRS Commissioner had just received an additional "CEO" title, joking he is "a few job titles shy of Marco Rubio"▶ 0:26:00.

• Wyden closed by urging colleagues to vote no on all three nominees at the 3:00 p.m. floor vote▶ 0:27:01, while Crapo said he would vote yes on all three▶ 0:21:45.

• The committee recessed without objection to reconvene and formally vote on the nominations off the Senate floor at approximately 3:00 p.m.▶ 0:28:20.