President Obama announced his intent to nominate Senator Baucus to be the Ambassador of the United States of America to the People’s Republic of China. Baucus said, “I am humbled by the nomination and deeply honored to have the opportunity to represent the United States in China. The U.S. – China relationship is one of the world’s most important bilateral relationships. If confirmed, my goal will be to further strengthen diplomatic and economic ties between our two nations. My career has been dedicated to public service. It is something I care about deeply. It's an honor to be presented with an opportunity to follow in the footsteps of my mentor, Mike Mansfield, who worked to strengthen and improve America’s important relationships throughout Asia. I welcome this opportunity to continue to serve Montana and my country.”

House Ways and Means Chairman Dave Camp issued the following statement: “I have tremendous respect for Max and wish him the very best. Dealing with China will not be an easy task, but I have learned to never underestimate Max. From a legislative standpoint, Congress is losing a true giant. He has racked up more legislative victories than most can ever hope for – he is an instant Hall-of-Famer. Max was a tough, but honest negotiator and believed deeply in making progress on behalf of the country – especially those living in Montana. It is a great relief that Max is expected to be replaced by Ron Wyden, someone I’ve known for a long time and trust. There is much work to be done this Congress, and I thank Max for all he has done to date to advance the debate on tax, trade and health care policy.”