Levin to serve as House Ways and Means chair

WASHINGTON (3/5/10)--Rep. Sander Levin (D-Mich.) will take on chairmanship of the House Ways and Means Committee after House Democrats on Thursday elected to remove Rep. Pete Stark's (D-Calif.) name from consideration.

House Speaker Nancy Pelosi, of California, on Wednesday announced that Stark would fill the chairmanship on an interim basis as Rep. Charles Rangel (D-N.Y.) takes a leave of absence from the panel.

In a Thursday release, Levin said that he looks forward to "moving vigorously" on the Ways and Means Committee agenda, which includes "job creation, economic development, and health care." Moving on this agenda "means working collaboratively with Democrats on the Committee and the entire caucus, with Congressional leadership and the Obama Administration," Levin added.

Levin, who signed on in support the Credit Union Regulatory Improvements Act in 2006 and has supported the tax status of federal credit unions during his time on the committee, has been a long-standing friend of the credit union movement. Levin was also among several candidates that were endorsed by the Michigan Credit Union League board of directors in 2006.

Credit Union National Association Senior Vice President of Legislative Affairs John Magill said that CUNA "looks forward to a continued good working relationship" with Levin, "not only in Washington but with the leagues back in Michigan."

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