Senator Portman Appointed to Finance Committee

Senator Rob Portman (R-OH), who was an architect of legislation supporting S corporation ESOPs while a member of the House Ways and Means Committee, has been appointed to the Senate Finance Committee, where he joins his former House colleague and now Senator Ben Cardin (D-MD). Portman and Cardin led bipartisan efforts on retirement policy, and they are expected to do the same in the Senate. The Senate Finance Committee write tax laws.