Atomic Bob's Stock Forum - The Golden Thread

President Obama plans to nominate Senator Max Baucus, the Montana Democrat and chairman of the Senate Finance Committee, as his next ambassador to China, according to three officials familiar with the pending announcement.

Mr. Baucus, the chief Capitol Hill architect of Mr. Obamaâ€™s health care overhaul, had already decided not to seek re-election next year. He has served six terms and is Montanaâ€™s longest-serving senator.

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