Tags: Bachus | Royce | Frank | Banking

Bachus, Royce Seek to Nix Frank as Bank Chair

Friday, 05 Nov 2010 10:37 AM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
When a big prize is ripe for the taking in Congress, you can bet there will be more than one representative that reaches for it. So it is with the chairmanship of the House Financial Services Committee, occupied in this Congress by Democrat Barney Frank, The Hill reports.

franks, banking, committeeTwo Republicans hope to take his place. That’s Rep. Spencer Bachus of Alabama, the panel's ranking member, and Rep. Ed Royce of California. The winner will be chosen by the GOP Steering Committee early next month.

In a statement, Royce says the “passage of the Dodd-Frank bill fundamentally altered the structure of the U.S. financial services sector. … There is no question that now is the time for a determined and effective Financial Services Committee Chairman.”

But Bachus says, “I’ve spoken to my colleagues on the steering committee and in leadership and am grateful for their expression of support and fully expect to serve as Chairman.”



© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved