Senate Banking Committee Finalizes Subcommittee Membership

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On February 11, Senate Banking Committee Chairman Tim Johnson (D-SD) and new Ranking Member Mike Crapo (R-ID) announced the subcommittee assignments for the 113th Congress. The rosters reflect the replacement of majority members Michael Bennet (D-CO), and former Senators Daniel Akaka (D-HI) and Herb Kohl (D-WI) with Elizabeth Warren (D-MA), Joe Manchin (D-WV), and Heidi Heitkamp (D-ND). Minority members Tom Coburn (R-OK) and Dean Heller (R-NV) have replaced Roger Wicker (R-MS) and former Senator Jim DeMint (R-SC). The subcommittee rosters follow recent announcements by the Chairman Johnson and Ranking Member Crapo naming subcommittee chairmen and ranking members. The Subcommittee on Housing, Transportation, and Community Development will be led by Chairman Robert Menendez (D-NJ) and Ranking Member Jerry Moran (R-KS), while the Subcommittee on Financial Institutions and Consumer Protection will be led by Chairman Sherrod Brown (D-OH) and Ranking Member Patrick Toomey (R-PA).

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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