Garrett’s Successor Among New Financial Services Democrats

By Rob Tricchinelli

Rep. Josh Gottheimer (D-N.J.), who defeated longtime Republican Rep. Scott Garrett in November, will take a seat on the same committee over which Garrett wielded influence.

Gottheimer is one of four new Democrats to join the House Financial Services Committee, along with Reps. Vicente Gonzalez (Texas), Charlie Crist (Fla.) and Ruben Kihuen (Nev.). All are in their first term.

“Democrats are now the last line of defense to fight the onslaught of Wall Street Reform rollbacks and deregulatory bills the Republicans will try to rush to President-elect Trump’s desk,” Rep. Maxine Waters (Calif.), the committee’s ranking Democrat, said in a news release announcing the additions. “But we are more than up to the challenge.”

Gottheimer was a speechwriter for then-President Bill Clinton and has been a public policy adviser. He defeated Garrett, who was chairman of the panel’s Capital Markets Subcommittee.

Crist was governor of Florida from 2007 to 2011, but declined to run for reelection in favor of an ultimately unsuccessful Senate bid. He also lost a 2014 attempt to regain the governorship.

Gonzalez represents the district of former Rep. Ruben Hinojosa (D), who was also on the Financial Services Committee.

To contact the reporter on this story: Rob Tricchinelli in Washington at rtricchinelli@bna.com

To contact the editors responsible for this story: Phyllis Diamond at pdiamond@bna.com; Seth Stern at sstern@bna.com

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