GOP Rep. French Hill named to coronavirus oversight committee

GOP Rep. French Hill named to coronavirus oversight committee
© Greg Nash

House Minority Leader Kevin McCarthyKevin Owen McCarthyQAnon-supporting congressional candidate embraced 9/11 conspiracy theory Win by QAnon believer creates new headaches for House GOP GOP leaders go into attack mode against Harris MORE (R-Calif.) announced Friday he had selected Rep. French HillJames (French) French HillExclusive: Democrats seek to increase racial diversity of pandemic relief oversight board Dunford withdraws from consideration to chair coronavirus oversight panel PPP application deadline should be extended and fixes made to program to keep recovery going MORE (R-Ark.) to serve on the five-person committee charged with overseeing the Trump administration’s efforts to salvage the economy.

Hill, a third-term GOP lawmaker, is the second appointee to the congressional oversight panel created to monitor how President TrumpDonald John TrumpUSPS warns Pennsylvania mail-in ballots may not be delivered in time to be counted Michael Cohen book accuses Trump of corruption, fraud Trump requests mail-in ballot for Florida congressional primary MORE, the Treasury Department and Federal Reserve dole out billions in economic rescue authorized by the $2.2 trillion coronavirus stimulus bill signed by the president last month.

A former banker, Hill was a deputy assistant Treasury secretary from 1989 to 1991 under former President George H.W. Bush, briefly overlapping with Fed Chairman Jerome Powell before joining the White House. Hill currently serves as the ranking member of the House Financial Services subcommittee overseeing national security and international development.

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“French has been a leader serving his constituents in Arkansas and our nation as Congress crafted the most ambitious relief package in history,” McCarthy said in a Friday statement, praising his “important expertise that will guide his advocacy of immediate and effective solutions for the American people struggling from the despair during this crisis.”

Hill will be among four other appointees tasked with overseeing how the Treasury Department and Fed deploys $500 billion in industry-specific rescue funds and emergency loans to businesses facing peril because of the coronavirus. 

Hill joins Bharat Ramamurti, a former aide to Sen. Elizabeth WarrenElizabeth WarrenChris Wallace: Trump struggling with attacks on 'shape-shifter' Harris Markey riffs on JFK quote in new ad touting progressive bona fides Howard Kurtz: Kamala Harris 'getting walk on water coverage' by media after VP pick MORE (D-Mass.) appointed to the committee by Senate Minority Leader Charles SchumerChuck SchumerIn the next relief package Congress must fund universal COVID testing Ocasio-Cortez's 2nd grade teacher tells her 'you've got this' ahead of DNC speech New poll shows Markey with wide lead over Kennedy in Massachusetts MORE (D-N.Y.), as the only other current member of the panel. 

House Speaker Nancy PelosiNancy PelosiSusan Collins asks postmaster general to address delays of 'critically needed mail' Trump says he'd sign bill funding USPS but won't seek changes to help mail voting On The Money: Senate leaves until September without coronavirus relief agreement | Weekly jobless claims fall below 1 million for first time since March | Trump says no Post Office funding means Democrats 'can't have universal mail-in voting' MORE (D-Calif.) and Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellOn The Money: Senate leaves until September without coronavirus relief agreement | Weekly jobless claims fall below 1 million for first time since March | Trump says no Post Office funding means Democrats 'can't have universal mail-in voting' Overnight Health Care: Senate leaves until September without coronavirus relief deal | US records deadliest day of summer | Georgia governor drops lawsuit over Atlanta's mask mandate Senate leaves until September without coronavirus relief deal MORE (R-Ky.) must each appoint another person to the committee and agree together on a chairman. The panel is structured similarly to the congressional committee that oversaw the 2008 bank bailout.