Emmer named to House Financial Services Committee

Minnesota Rep. Tom Emmer, in his first term from the 6th District, has been named to the House Financial Services Committee.

He gets the committee spot after some shuffling in Congress following the resignation of former Illinois Rep. Aaron Schock, who was accused of spending and ethics violations.

In the shift, Emmer replaces Rep. Bob Dold on Financial Services, after Dold got Schock’s spot on the prestigious Ways and Means committee.

As part of the appointment, Emmer will  serve on the Subcommittee on Financial Institutions and Consumer Credit and the Subcommittee on Monetary Policy and Trade.

Emmer said in a statement:

“I look forward to get to work defending competition, consumer choice and our free market system. The financial industry is extremely prominent in the 6th District, with 146 banks, eight credit unions and more than 57,000 of my constituents employed in finance related fields.”

Financial Services Committee Chairman Jeb Hensarling lauded Emmer:

“During his first four months in Congress, Tom has proven himself as a hardworking and prudent member who is willing to lead on a variety of issues important to his state. Through his experience serving on the Finance and Regulated Industries Committees in the Minnesota Legislature along with his private sector experience, Tom will be a great asset to this committee.”

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Comments (1)

  1. Submitted by LK WOODRUFF on 05/21/2015 - 01:47 pm.

    Emmer said in a statement:”I

    Emmer said in a statement:

    “I look forward to get to work defending competition, consumer choice and our free market system.”

    Translation:

    I will work hard for the REP agenda, which means doing what Wall Street, the Chamber of Commerce, and Big Business dictate.

    What the REPs mean when they say ‘free market’ is an anything goes market, free of rules & regulations & protections (for the land, the consumers, etc.). Profits, profits, profits for a few at the top (e.g., CEOs & shareholders.) There is nothing in this approach for the ‘little people’ (i.e., average citizens).

    A FAIR market alternative offers a level playing field for all involved (even other countries) and protects our natural resources so they last for future generations. Everyone can benefit.

    What REPs mean when they say they want ‘smaller government” is that they want the people they now answer to–Big Business & Corporate America–to rule. To have a VOTE (even tho no one voted for them!)

    And there goes our hard fought and hard won democracy, and our equal rights and protections.

    Every single voter needs to understand these basic precepts.

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