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Washington
Financial services, Ways and Means subcommittee spots are being filled
WASHINGTON (1/16/13)--Several leadership and membership slots for House Financial Services and Ways and Means subcommittees were filled on Tuesday.

House Financial Services Committee Ranking Minority Member Maxine Waters (D-Calif.) named the following representatives to serve as ranking House Financial Services subcommittee members:

  • Rep. Carolyn Maloney (D-N.Y.), who will serve on the Capital Markets and Government-Sponsored Enterprises Subcommittee;
  • Rep. Al Green (D-Texas), who will serve on the Oversight and Investigations Subcommittee;
  • Rep. Gregory Meeks (D-N.Y.), who will serve on the Financial Institutions and Consumer Credit Subcommittee;
  • Rep. Michael Capuano (D-Mass.), who will serve on the Insurance, Housing and Community Opportunity Subcommittee; and
  • Rep. William "Lacy" Clay (D-Mo.), who will serve on the International Monetary Policy and Trade Subcommittee.
Waters in a release said these selections reflect the consensus of financial services committee members, and will need to be approved by the Democratic Policy and Steering Committee and the Democratic Caucus. Full Democratic subcommittee membership for the 113th U.S. Congress was also announced in that release. For more on those members, use the resource link.

House Financial Services Chairman Jeb Hensarling (R-Texas) announced subcommittee leadership late last month. (See Dec. 27 News Now story: More named to House Financial Services positions)

House Ways and Means Committee Chairman Dave Camp (R-Mich.) and Sander Levin (D-Mich.) also announced their respective subcommittee leaders.

Rep. Charles Boustany (R-La.) will lead the Subcommittee on Oversight, and Rep. John Lewis (D-Ga.) will serve as ranking member. Rep. Pat Tiberi (R-Ohio) will lead the Subcommittee on Select Revenue Measures, with Rep. Richard E. Neal (D-Mass.) serving as ranking member. These subcommittees are of interest to credit unions: the oversight subcommittee investigates the tax exempt sector, and the select revenue measures subcommittee is in charge of tax reform.

Leaders for social security, trade, human resources and health subcommittees were also named. Levin also released full Democratic subcommittee rosters, but Camp said the remaining Republican subcommittee members will be named once the remaining vacant Republican position of the full Ways and Means Committee has been filled.

For more on the subcommittee selections, use the resource links.
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