President Obama will nominate Sen. Max Baucus (D-Mont.) to succeed Gary Locke as the U.S. ambassador to China, Politico reported Wednesday.
Baucus has served on the finance committee for the past 34 years and is known for proposing key changes to trade policy, tax code and healthcare law, according to the article.
His retirement could shake up the race for his post and give Republicans the opportunity to pick up the six seats needed to win back the Senate majority, Haberman and Raju write.
Baucus’ nomination will be considered by the Senate Foreign Relations Committee.