More Named to House Financial Services Positions

House Financial Service Committee Chairman-elect Jeb Hensarling (R-Texas) has announced the names of those who will comprise the Republican leadership team for his panel and its subcommittees. Meanwhile, the House Democratic Caucus named the six new Democratic members it will send to the Financial Services Committee next year.

Hensarling also announced plans to combine two existing subcommittees--the Domestic Monetary Policy and Technology Subcommittee and the International Monetary Policy and Trade Subcommittee.

The parent financial services committee's leadership team for the 113th Congress, in addition to Henarling, is:

• Rep. Gary Miller (Calif.), who will serve as vice chairman of the committee; and
• Rep. Lynn Westmoreland (Ga.), who will serve in a newly created position as the Committee Whip.

Hensarling named the following to head the panel's subcommittees:

• Rep. Randy Neugebauer (Texas), who will serve as chairman of the Insurance, Housing and Community Opportunity Subcommittee;
• Rep. Shelley Moore Capito (W. Va.), who will serve as chairman of the Financial Institutions and Consumer Credit Subcommittee;
• Rep. Scott Garrett (N.J.), who will serve as chairman of the Capital Markets and Government-Sponsored Enterprises Subcommittee;
• Rep. Patrick McHenry (N.C.), who will serve as chairman of the Oversight and Investigations Subcommittee; and
• Rep. John Campbell (Calif.), who will serve as chairman of the Domestic and International Monetary Policy Subcommittee.

House Minority Leader Nancy Pelosi (D-Calif.) announced the House Democratic Caucus' choice of the following new House Financial Services Committee Democrats:

• Rep.-elect Bill Foster of Illinois;
• Rep.-elect Dan Kildee of Michigan;
• Rep.-elect Patrick Murphy of Florida;
• Rep.-elect John Delaney of Maryland;
• Rep.-elect Kyrsten Sinema of Arizona; and,
• Rep.-elect Joyce Beatty of Ohio.

The Senate will re-convene today at 10 a.m. (ET) and begin consideration of a bill (H.R. 5949) that would extend the Foreign Intelligence Surveillance Act of 2008 for five years. House leaders have said they will give a 48-hour warning if that chamber will reconvene, so, at this writing, Friday would be the earliest time the House could come back into session. A stalemate over the fiscal cliff continues.