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Wednesday, December 5, 2012

Rep. Waters Elected Financial Services Panel Ranking Member

The House Democratic Caucus yesterday elected Rep. Maxine Waters (Calif.) as ranking member of the House Financial Services Committee. Waters, who had been the presumed choice to take over the position in the 113th Congress, will succeed outgoing ranking member Rep. Barney Frank (Mass.), who is retiring.

“I look forward to working with my colleagues to protect, defend and implement the important provisions of Dodd-Frank, which will continue to strengthen our financial system,” Waters said in a press release.

In related news, Republican Reps. Mick Mulvaney (S.C.), Marlin Stutzman (Ind.), Dennis Ross (Fla.) and Randy Hultgren (Ill.) will join the Financial Services Committee in the 113th Congress. Newly elected GOP Reps. Robert Pittenger (N.C.), Andy Barr (Ky.), and Ann Wagner (Mo.) also will become panel members.

The House Republican Steering Committee voted to remove Walter Jones (N.C.) and David Schweikert (Ariz.) from the committee.

Read Waters’ press release.

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