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Minnesota Republican named new chairman of Joint Economic Committee

Minnesota Republican named new chairman of Joint Economic Committee
© Greg Nash

Speaker Paul RyanPaul Davis RyanThe Memo: Saudi storm darkens for Trump The Hill's 12:30 Report — Mnuchin won't attend Saudi conference | Pompeo advises giving Saudis 'few more days' to investigate | Trump threatens military action over caravan The Hill's Morning Report — Presented by the Coalition for Affordable Prescription Drugs — Health care a top policy message in fall campaigns MORE (R-Wis.) announced Thursday that he is appointing Rep. Erik PaulsenErik Philip PaulsenPaul Ryan to campaign for 25 vulnerable House Republicans How America’s urban-rural divide is changing the Democratic Party The bipartisan PACT Act would ensure access to life-saving bone marrow transplants for Medicare beneficiaries MORE (R-Minn.) to be the chairman of the Joint Economic Committee (JEC) — a new job for a lawmaker who is being targeted by Democrats in the midterm elections.

"As Congress works to write laws that boost our nation’s economy, Erik’s vast experience working on tax and economic matters will serve the committee and the Congress well,” Ryan said in a statement.

The JEC is tasked with analyzing economic conditions and making recommendations about how to improve the economy. The panel consists of lawmakers from both the House and the Senate, and chairmanship of the panel alternates between the two chambers.

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Paulsen said that in the position he will work to boost job creation and growth in workers' salaries.

“The JEC has a long history of bringing together the best ideas from both parties and both chambers to advise Congress on how to grow our economy and promote trade, innovation, entrepreneurship and economic opportunity for all Americans, and I look forward to leading these discussions in my new role,” he said.

Paulsen will succeed Rep. Pat TiberiPatrick (Pat) Joseph TiberiHow the Trump tax law passed: Dealing with a health care hangover How the Trump tax law passed: Breaking the gridlock  AP: Balderson wins hotly contested Ohio special election MORE (R-Ohio) as chairman of the JEC. Tiberi is leaving Congress this month to take a job leading the Ohio Business Roundtable.

After Tiberi, Paulsen was the most senior House Republican on the JEC. He is also a member of the House Ways and Means Committee, which took the lead on the tax-cut bill that President TrumpDonald John TrumpThe Guardian slams Trump over comments about assault on reporter Five takeaways from the first North Dakota Senate debate Watchdog org: Tillerson used million in taxpayer funds to fly throughout US MORE signed into law last month.

Paulsen is on the Democratic Congressional Campaign Committee's list of targets for 2018. His district, which includes suburbs of Minneapolis, voted for Hillary ClintonHillary Diane Rodham ClintonWatchdog org: Tillerson used million in taxpayer funds to fly throughout US Republicans cancel airtime in swing Vegas district The Democratic Donald Trump is coming MORE over Trump in 2016. The nonpartisan Cook Political Report rates the district "lean Republican."