Cuba Trade Hurdle Puts Treasury in Limbo
The Washington Post reported today that Senator Max Baucus (D-MT) continues to block more than a dozen senior Treasury Department nominees until until the Office of Foreign Assets Control reverses course on its February 22, 2005 regulation clarifying the term "payment of cash in advance" as it applies to sales of agricultural products to Cuba. Baucus announced in December 2004 that he would block Treasury Department nominations "until [the Cuba payment issue] gets resolved."
|posted by Douglas N. Jacobson| Permalink 
