May 23,2006

Chairman Grassley Pays Tribute to Chairman Lloyd M. Bentsen Jr. (1921-2006)

M E M O R A N D U M

TO: Reporters and Editors
RE: Sen. Lloyd M. Bentsen Jr.
DA: May 23, 2006

Sen. Chuck Grassley, Chairman of the Senate Committee on Finance, issued the
following comment today about Lloyd M. Bentsen Jr. (1921- 2006), who chaired the Finance
Committee from 1987 to 1993, before becoming Secretary of the Treasury.

“Sen. Bentsen set a high standard for public service and brought an independent voice
and real world perspective to public policy making. I appreciated his leadership to expand
opportunities for exports with NAFTA and GATT, and to enhance retirement security in
America with pensions and IRAs. He demonstrated his commitment to bipartisanship with his
actions both as an important legislator and as Treasury Secretary.”