Banking panel approves long-stalled Treasury nomination
WASHINGTON (AP) — The Senate Banking Committee on Thursday approved the long-stalled nomination of Adam Szubin to a key Treasury Department post responsible for leading the battle against terrorism and financial crimes.
The committee approved Szubin's nomination on a 14-8 vote that reflected sweeping GOP opposition to President Barack Obama's controversial nuclear deal with Iran, which involves the lifting of sanctions on the longtime U.S. adversary.
The opposition to Szubin's nomination could spell trouble for speedy action by the full Senate, since any individual senator could delay a vote.