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Three committee chairs included as Senate Republican tax conferees

Senate Majority Leader Mitch McConnell named eight Republican colleagues, three of whom chair committees, to a panel that will reconcile the versions of the Tax Cuts and Jobs Act passed by the two houses of Congress.

Finance Committee Chairman Orrin Hatch, Budget Committee Chairman Mike Enzi and Energy and Natural Resources Committee Chairman Lisa Murkowski will join Majority Whip John Cornyn, Republican Conference Chairman John Thune and Sens. Rob Portman, Tim Scott and Pat Toomey as the conferees for the bill. The Senate Finance Committee passed the framework for the Senate's bill shortly after Thanksgiving, which includes a provision to allow commercial oil drilling in Alaska's Arctic National Wildlife Refuge, a move Murkowski has consistently sought.

"I'm confident that this distinguished group of Senators will work to get the job done for the American people," McConnell said of the conferees in a statement.

The conference committee will be tasked with making sure the final bill can garner enough Republican support while remaining compliant with Senate procedural and budgetary rules. Democratic leaders in the House and Senate have yet to name their conferees. Republicans are working to meet President Donald Trump's stated goal of signing a tax bill before year's end. The committee has not released a schedule for its proceedings.