Ranking Member Maxine Waters (D-CA) today announced subcommittee assignments for the Democratic Members of the House Financial Services Committee.
The Ranking Members of each subcommittee were chosen through a selection process based on seniority, with the confirmation of all Committee members. Positions on each subcommittee were secured through an open-bidding process in which all members of the Democratic caucus participate. Factors guiding the process included members' years of service as well as preferred subject matter areas. Changes also reflect the addition of Congressman Juan Vargas (D-CA) to the Democratic Caucus.
"I'm pleased to be joined by such talented and qualified individuals on the Financial Services Committee," said Ranking Member Waters. "Each of our five subcommittees will now have a Ranking Member to lead and guide our Democratic caucus as they debate and examine the many important issues affecting American consumers and taxpayers. I am certain this extraordinary group of leaders will continue to ensure that the interests of the American people are well represented."
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