Congressman Jeb Hensarling (R-TX), chairman of the House Financial Services Committee, named the committee’s leadership team for the 115th Congress and announced the formation of a new subcommittee to investigate terrorists’ financial support networks.
“I look forward to working alongside my colleagues to pass laws that promote a dynamic economy with more jobs, higher wages and greater economic freedom for all Americans,” Hensarling said. “Our committee will continue to develop bold, forward-looking plans that hold Washington and Wall Street accountable, end taxpayer-funded bailouts and protect consumer choice.”
Hensarling will chair the committee while Patrick McHenry (R-NC) will serve as vice chair and French Hill (R-AR) will be Republican Whip.
The new Subcommittee on Terrorism and Illicit Finance will be chaired by Steve Pearce (R-NM) with Robert Pittenger (R-NC) as vice chair. The new committee will build off of work done by the committee’s Task Force to Investigate Terrorism Financing.
Bill Huizenga (R-MI) will chair the Subcommittee of Capital Markets with Randy Hultgren (R-IL) as vice chair. Blaine Luetkemeyer (R-MO) will chair the Subcommittee on Financial Institutions and Consumer Credit with Keith Rothfus (R-PA) as vice chair. Sean Duffy (R-WI) will chair the Subcommittee on Housing and Insurance with Dennis Ross (R-FL) as vice chair. Andy Barr (R-KY) will chair the Subcommittee on Monetary Policy and Trade with Roger Williams (R-TX) as vice chair, and Ann Wagner (R-MO) will chair the Subcommittee on Oversight and Investigations with Scott Tipton (R-CO) as vice chair.