By Jeff Bater
The Senate Banking Committee is getting three new members on the GOP side as Republicans in Congress prepare for a re-examination of Dodd-Frank.
Sens. David Perdue (R-Ga.), Thom Tillis (R-N.C.), and John Kennedy (R-La.) have been assigned to the panel, Senate Republicans said in an announcement of committee assignments for the 115th Congress. The new Banking Committee members replace Sens. Jerry Moran (R-Kan.), David Vitter (R-La.), and Mark Kirk (R-Ill.). Moran was reassigned, Vitter retired from Congress, and Kirk lost his re-election bid.
Perdue, in a news release Jan. 3, said he will work on the committee to roll back “harmful regulations that are stifling economic growth and discouraging businesses from accessing capital and creating quality jobs.”
“We need to dismantle the regulatory regime of Dodd-Frank, encourage entrepreneurial innovation, and unleash economic growth to get Americans working again,” Perdue said.
The assignments to the Senate committees were ratified by the Senate Republican Conference. Committee chairs will be selected by a vote of the members of each respective panel and then ratified by the Senate Republican Conference. Sen. Mike Crapo is expected to become the new chairman of the Banking Committee, replacing Sen. Richard Shelby (R-Ala.).
The number of Republicans on the committee remains at 12 as the new Congress begins work. The minority ranks, however, are rising, to 11 from 10, according to committee rosters released Dec. 20 by incoming Senate Democratic Leader Charles Schumer (N.Y.). The rosters are subject to approval by all Senate Democrats.
Joining the committee from the Democratic side are Sen. Catherine Cortez Masto (Nev.); Sen. Brian Schatz (Hawaii) and Sen. Chris Van Hollen (Md.). Leaving the panel are Schumer and Sen. Jeff Merkley (D-Ore.).
To contact the reporter on this story: Jeff Bater in Washington at firstname.lastname@example.org
To contact the editor responsible for this story: Michael Ferullo at MFerullo@bna.com
Copyright © 2017 The Bureau of National Affairs, Inc. All Rights Reserved.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)