Jorge Castro Comments on the Nomination of Lily Batchelder for Role of Treasury's Assistant Secretary for Tax Policy in Bloomberg Law
"White House Can Use Treasury Pick's Hill Expertise for Tax Goals"
Tax Member Jorge Castro, a former congressional tax aide and Counselor to the IRS Commissioner during the Obama administration, discussed the potential impact of President Biden's nomination of Lily Batchelder, a tax professor at the New York University School of Law, for the role of Treasury's assistant secretary for tax policy. Batchelder previously worked in the government, as deputy director of the White House National Economic Council during the Obama administration, and as majority chief tax counsel for the Senate Finance Committee. Batchelder has previously expressed support for increasing the refundability of the Child Tax Credit and some of the other Biden agenda items, such as raising taxes on the wealthy. Some of those interests could indicate areas Treasury focuses on going forward, on both the legislative and regulatory fronts. Castro said that's especially likely regarding policy aimed at helping low- and middle-income taxpayers. "I suspect that to carry over because that aligns well with the priorities of this administration," he said. Jorge worked with Batchelder during his time as an adviser to former Sen. John D. Rockefeller (D-WV), who was a member of the Senate Finance Committee.