S. HRG. 115–26 NOMINATIONS OF SIGAL P. MANDELKER, MIRA RADIELOVIC RICARDEL, MARSHALL BILLINGSLEA, AND HEATH P. TARBERT HEARING BEFORE THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS UNITED STATES SENATE ONE HUNDRED FIFTEENTH CONGRESS FIRST SESSION ON NOMINATIONS OF: SIGAL P. MANDELKER, OF NEW YORK, TO BE UNDER SECRETARY FOR TERRORISM AND FINANCIAL INTELLIGENCE, DEPARTMENT OF THE TREASURY MIRA RADIELOVIC RICARDEL, OF CALIFORNIA, TO BE UNDER SECRETARY FOR EXPORT ADMINISTRATION, DEPARTMENT OF COMMERCE MARSHALL BILLINGSLEA, OF VIRGINIA, TO BE ASSISTANT SECRETARY FOR TERRORIST FINANCING, DEPARTMENT OF THE TREASURY HEATH P. TARBERT, OF MARYLAND, TO BE ASSISTANT SECRETARY, INTERNATIONAL MARKETS AND DEVELOPMENT, DEPARTMENT OF THE TREASURY MAY 16, 2017 Printed for the use of the Committee on Banking, Housing, and Urban Affairs ( Available at: http://www.fdsys.gov/ U.S. GOVERNMENT PUBLISHING OFFICE 25–925 PDF WASHINGTON : 2017 For sale by the Superintendent of Documents, U.S. Government Publishing Office Internet: bookstore.gpo.gov Phone: toll free (866) 512–1800; DC area (202) 512–1800 Fax: (202) 512–2104 Mail: Stop IDCC, Washington, DC 20402–0001 VerDate Nov 24 2008 14:28 Jun 26, 2017 Jkt 046629 PO 00000 Frm 00001 Fmt 5011 Sfmt 5011 L:\HEARINGS 2017\05-16 NOMINATIONS\HEARING\25925.TXT JASON COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS MIKE CRAPO, Idaho, Chairman RICHARD C. SHELBY, Alabama SHERROD BROWN, Ohio BOB CORKER, Tennessee JACK REED, Rhode Island PATRICK J. TOOMEY, Pennsylvania ROBERT MENENDEZ, New Jersey DEAN HELLER, Nevada JON TESTER, Montana TIM SCOTT, South Carolina MARK R. WARNER, Virginia BEN SASSE, Nebraska ELIZABETH WARREN, Massachusetts TOM COTTON, Arkansas HEIDI HEITKAMP, North Dakota MIKE ROUNDS, South Dakota JOE DONNELLY, Indiana DAVID PERDUE, Georgia BRIAN SCHATZ, Hawaii THOM TILLIS, North Carolina CHRIS VAN HOLLEN, Maryland JOHN KENNEDY, Louisiana CATHERINE CORTEZ MASTO, Nevada GREGG RICHARD, Staff Director MARK POWDEN, Democratic Staff Director ELAD ROISMAN, Chief Counsel JOHN O’HARA, Chief Counsel for National Security Policy KRISTINE JOHNSON, Professional Staff Member GRAHAM STEELE, Democratic Chief Counsel LAURA SWANSON, Democratic Deputy Staff Director COLIN MCGINNIS, Democratic Policy Director DAWN RATLIFF, Chief Clerk CAMERON RICKER, Hearing Clerk SHELVIN SIMMONS, IT Director JIM CROWELL, Editor (II) VerDate Nov 24 2008 14:28 Jun 26, 2017 Jkt 046629 PO 00000 Frm 00002 Fmt 0486 Sfmt 0486 L:\HEARINGS 2017\05-16 NOMINATIONS\HEARING\25925.TXT JASON CONTENTS TUESDAY, MAY 16, 2017 Page Opening statement of Chairman Crapo ................................................................. 1 Opening statements, comments, or prepared statements of: Senator Brown .................................................................................................. 3 NOMINEES Sigal P. Mandelker, of New York, to be Under Secretary for Terrorism and Financial Intelligence, Department of the Treasury ......................................... 5 Prepared statement .......................................................................................... 37 Biographical sketch of nominee ....................................................................... 39 Responses to written questions of: Senator Corker .......................................................................................... 84 Senator Toomey ......................................................................................... 85 Senator Sasse ............................................................................................ 86 Senator Menendez ..................................................................................... 88 Senator Warren ......................................................................................... 89 Senator Donnelly ....................................................................................... 92 Mira Radielovic Ricardel, of California, to be Under Secretary for Export Administration, Department of Commerce ........................................................ 7 Prepared statement .......................................................................................... 52 Biographical sketch of nominee ....................................................................... 53 Responses to written questions of: Chairman Crapo ........................................................................................ 93 Senator Sasse ............................................................................................ 94 Senator Perdue .......................................................................................... 94 Senator Warren ......................................................................................... 95 Senator Donnelly ....................................................................................... 96 Marshall Billingslea, of Virginia, to be Assistant Secretary for Terrorist Fi- nancing, Department of the Treasury ................................................................ 8 Prepared statement .......................................................................................... 60 Biographical sketch of nominee ....................................................................... 62 Responses to written questions of: Senator Sasse ............................................................................................ 96 Senator Warren ......................................................................................... 98 Heath P. Tarbert, of Maryland, to be Assistant Secretary, International Mar- kets and Development, Department of the Treasury ........................................ 10 Prepared statement .......................................................................................... 70 Biographical sketch of nominee ....................................................................... 71 Responses to written questions of: Senator Brown ........................................................................................... 101 Senator Warren ......................................................................................... 101 Senator Donnelly ....................................................................................... 102 ADDITIONAL MATERIAL SUPPLIED FOR THE RECORD Letters submitted in support of the nomination of Sigal P. Mandelker ............. 104 Letters submitted in support of the nomination of Mira Radielovic Ricardel .... 114 Letter submitted in support of the nomination of Marshall Billingslea ............. 116 (III) VerDate Nov 24 2008 14:28 Jun 26, 2017 Jkt 046629 PO 00000 Frm 00003 Fmt 5904 Sfmt 5904 L:\HEARINGS 2017\05-16 NOMINATIONS\HEARING\25925.TXT JASON VerDate Nov 24 2008 14:28 Jun 26, 2017 Jkt 046629 PO 00000 Frm 00004 Fmt 5904 Sfmt 5904 L:\HEARINGS 2017\05-16 NOMINATIONS\HEARING\25925.TXT JASON NOMINATIONS OF SIGAL P. MANDELKER, OF NEW YORK, TO BE UNDER SECRETARY FOR TERRORISM AND FINANCIAL INTEL- LIGENCE, DEPARTMENT OF THE TREASURY; MIRA RADIELOVIC RICARDEL, OF CALI- FORNIA, TO BE UNDER SECRETARY FOR EX- PORT ADMINISTRATION, DEPARTMENT OF COMMERCE; MARSHALL BILLINGSLEA, OF VIRGINIA, TO BE ASSISTANT SECRETARY FOR TERRORIST FINANCING, DEPARTMENT OF THE TREASURY; HEATH P. TARBERT, OF MARYLAND, TO BE ASSISTANT SECRETARY, INTERNATIONAL MARKETS AND DEVELOP- MENT, DEPARTMENT OF THE TREASURY TUESDAY, MAY 16, 2017 U.S. SENATE, COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS, Washington, DC. The Committee met at 10:03 a.m., in room SD–538, Dirksen Sen- ate Office Building, Hon. Mike Crapo, Chairman of the Committee, presiding. OPENING STATEMENT OF CHAIRMAN MIKE CRAPO Chairman CRAPO. This hearing will come to order. Congratulations to all of you on your nominations to these very important offices. I see friends and family behind you, and I wel- come all of you here as well. This morning, we are going to consider four nominations: First, Ms. Sigal Mandelker. She is to be the Under Secretary of the Treasury for Terrorism and Financial Crimes. Second, Ms. Mira Ricardel. Did I get that right, Ricardel? Ms. RICARDEL. Yes, sir. Thank you. Chairman CRAPO. Thank you. To be Under Secretary of Com- merce for Export Administration. Third, Mr. Marshall Billingslea, to be Assistant Secretary of Treasury for Terrorist Financing. And, finally, Mr. Heath Tarbert, to be Assistant Secretary of the Treasury for International Markets and Development. Again, welcome to all of you. (1) VerDate Nov 24 2008 14:28 Jun 26, 2017 Jkt 046629 PO 00000 Frm 00005 Fmt 6633 Sfmt 6633 L:\HEARINGS 2017\05-16 NOMINATIONS\HEARING\25925.TXT JASON 2 Considering the nature of these nominations, especially in a time of heightened security in the international arena, we need to work together to process your nominations quickly. All four of these highly qualified nominees have extensive na- tional security experience from their years spent in Government, supplemented by an understanding of the practicalities and specific commerce and finance requirements honed in the private sector. Ms. Mandelker’s experience in senior law enforcement and na- tional security positions equip her with the judgment necessary as Under Secretary to lead Treasury’s Office of Terrorism and Finan- cial Intelligence, the TFI, where she would oversee sanctions policy on Iran, Russia, North Korea, Syria, and some 25 other programs, including narcotraffickers, nuclear proliferators, and the like. Ms. Mandelker would also lead on the Nation’s anti-money laundering efforts and other illicit financial threats. As Assistant Secretary, Mr.