Jan. 23, 2013 – Three subcommittee chairmanships within the House Financial Services Committee are changing hands this year, in part to deal with the departures of Judy Biggert, R-Ill., and Ron Paul, R-Texas.
Biggert lost her bid for reelection last year, while Paul eschewed a run for another House term to pursue a bid for the presidency.
House Financial Services Chairman Jeb Hensarling, R-Texas, released the list of subcommittee assignments Tuesday. Subcommittee chairs are as follows:
Both Hensarling and Rep. Spencer Bachus, R-Ala., formerly chair of the full committee, will serve as “ex officio” members of all subcommittees, Hensarling said. Bachus, the full committee’s “chairman emeritus,” will also serve as a voting member on the financial institutions and capital markets subcommittees.
Rep. Gary Miller, R-Calif., is the full committee vice chair.
Several House panels, including Financial Services, hold organizational meetings this week.