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May 4, 2009, 02:22 PM ET
Key Senator on Nonprofit Issues Expected to Leave Critical Oversight Role in 2011
Sen. Charles E. Grassley is expected to leave his powerful post on the Finance Committee in 2011 as part of a deal reached today with Sen. Jeff Sessions of Alabama, who is expected to take over the top Republican spot on the Judiciary Committee.
Mr. Grassley, an Iowa Republican, is the senior Republican of the Finance Committee. In that role, he has been the Senate’s most active voice on key nonprofit issues such as abuse, the tax treatment of nonprofit hospitals, endowments, and executive compensation.
The Wall Street Journal had reported that Mr. Grassley was likely to leave his Finance Committee post to become the top Republican on the Judiciary Committee to replace Sen. Arlen Specter, who is switching parties.
But reports today quote Senate aides as saying the Judiciary post will instead go to Mr. Sessions.
Mr. Sessions would then vacate the post in 2011. At that time, Mr. Grassley would relinquish the senior Finance Committee post to succeed Mr. Sessions.
Mr. Grassley’s office has not responded to a request for comment.
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