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News Now

Washington
GOP members named to House Financial Services
WASHINGTON (1/9/08)—The ranking Republican member of the House Financial Services Committee Thursday began announcing new GOP members of that panel—including some credit union friends. Rep. Spencer Bachus announced that freshman Congresswoman Lynn Jenkins of Kansas will join the committee. A former Kansas State Treasurer and a long-time credit union advocate, Jenkins won against Rep. Nancy Boyda (D-Kan.) in the 2008 federal election. The Credit Union National Association (CUNA) and the Kansas CU Association supported Jenkins’ campaign, with the Credit Union Legislative Action Council spending more than $203,000 in campaign contributions and Independent Expenditures on her behalf, according to Trey Hawkins, CUNA Political Director. Also named to the committee was freshman Rep. Erik Paulsen of Minnesota. During his race, the Minnesota CU Network for the first time endorsed a candidate when it backed Paulsen over his strongest opponent. The opponent was a candidate who had considered a plan to remove the credit union tax exemption to fund small business health insurance benefits. CULAC also supported the ultimate victor with $10,000 and the league provided additional support in the form of grassroots volunteers. Also newly named to the financial services panel, according to Bachus, were Rep. Leonard Lance of New Jersey and Rep. Bill Posey of Florida. The other Republican members for the committee during this session of the 111th Congress are: Bachus and Reps. Michael Castle (Del.), Peter King (N.Y.), Ed Royce (Calif.), Frank Lucas (Okla.), Ron Paul (Tex.), Donald Manzullo (Ill.), Walter Jones (N.C.), Judy Biggert (Ill.), Gary Miller (Calif.), Shelley Moore Capito (W.V.), Jeb Hensarling (Tex.), Scott Garrett (N.J.), J. Gresham Barrett (S.C.), Jim Gerlach (Pa.), Randy Neugebauer (Tex.), Tom Price (Ga.), Patrick McHenry (N.C.), John Campbell (Calif.), Adam Putnam (Fla.), Michele Bachmann (Minn.), Kenny Marchant (Tex.), Thaddeus McCotter (Mich.), Kevin McCarthy (Calif.), and Christopher Lee (N.Y.).


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