Rep. Frank Lucas (R-Okla.) will run for chairman of the Home Monetary Providers Committee, his workplace introduced Thursday.
A handful of Republicans have filed for the place for the reason that committee’s present chairman, Rep. Patrick McHenry (R-N.C.), introduced he would retire on the finish of his time period subsequent 12 months. Lucas stated in an announcement that his three many years of expertise on the committee ready him for the function.
“Since Chairman McHenry’s announcement late final 12 months to retire, I’ve been approached by a variety of my colleagues who’ve inspired me to imagine the chairmanship of the Monetary Providers Committee,” he stated.
“With 30 years of expertise on the Monetary Providers Committee, along with my greater than twenty years of committee management expertise on a number of Home committees, I’m well-positioned and well-equipped to guide the committee.”
Different lawmakers within the operating embody Reps. French Hill (R-Ark.), Invoice Huizenga (R-Mich.) and Andy Barr (R-Ky.).
Brooke Nethercott, Hill’s communications director, stated he has been speaking to colleagues a couple of attainable run since McHenry introduced his retirement earlier this 12 months.
“Based mostly on these conversations, in addition to his forty years of private and non-private sector expertise within the monetary providers business, Rep. Hill determined that he’ll search chairmanship of the committee,” she stated in an announcement.
PunchBowl Information first reported final month that Hill will run for chairman of the committee.
Huizenga’s workplace additionally confirmed to The Hill on Thursday that he’s searching for the place.
Politico and Punchbowl reported in February that Barr would search the place. The Hill has contacted Barr’s workplace to verify.
The Home Monetary Providers Committee oversees points associated to the financial system and the banking system. It additionally oversees a variety of businesses, together with the Federal Reserve, the Treasury Division, and the Securities and Alternate Fee.
Republicans within the Home of Representatives sometimes choose their committee chairmen and rating members weeks earlier than a brand new Congress is sworn in, so the brand new leaders have time to rent workers and arrange, though the number of a number of controversial chairmen within the present Congress was delayed till January final 12 months.
Copyright 2024 Nexstar Media Inc. All rights reserved. This materials might not be printed, broadcast, rewritten or redistributed.