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Womack to replace Graves on Financial Services subcommittee

Womack to replace Graves on Financial Services subcommittee
© Stefani Reynolds

Rep. Steve WomackStephen (Steve) Allen WomackTrust between lawmakers reaches all-time low after Capitol riots Pelosi announces lawmakers will be fined ,000 if they bypass metal detectors to House floor Cori Bush slams lawmakers who refused to go through metal detector outside House chamber MORE (R-Ark.) is set to take over as the top Republican on the House Appropriations Subcommittee on Financial Services and General Government, replacing outgoing ranking member Tom GravesJohn (Tom) Thomas GravesGreene's future on House committees in limbo after GOP meeting McConnell says Taylor Greene's embrace of conspiracy theories a 'cancer' GOP has growing Marjorie Taylor Greene problem MORE (R-Ga.).

Graves stepped down from his congressional seat on Oct. 4.

Though fiscal 2021 began last week, Womack may have a chance to leave his mark in the lame-duck session.

Congress has failed to agree on any of the 12 spending bills to fund the government and passed a stopgap measure leaving 2020 funding in place until Dec. 11.

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The results of the election are likely to affect whether any or all of the bills pass before the presidential inauguration and seating of the 117th Congress in January.

House Speaker Nancy PelosiNancy PelosiBiden coronavirus relief bill tests narrow Democratic majority Some Republicans say proxy voting gives advantage to Democrats Gun violence prevention groups optimistic background check legislation can pass this Congress MORE (D-Calif.) has talked up the importance of passing appropriations bills before the next deadline and said those bills may be a vehicle for passing additional COVID-19 relief measures.

President TrumpDonald TrumpSouth Carolina Senate adds firing squad as alternative execution method Ex-Trump aide Pierson won't run for Dallas-area House seat House Oversight panel reissues subpoena for Trump's accounting firm MORE called off negotiations on a separate package Tuesday.

Womack, who is also the ranking member of the House Budget Committee, said he would focus on fiscal responsibility with his new post.

"We must responsibly address the needs of our nation, foster strong economic growth, and ensure that hard-earned tax dollars aren’t wasted. Making tough choices to chart a responsible fiscal path forward is what I came to Congress to do,” he said.

The subcommittee on Financial Services covers the Treasury and IRS, as well as a slew of general agencies including the Executive Office of the President, Securities and Exchange Commission, Small Business Administration, Federal Trade Commission, and the U.S. Postal Service.

His Democratic counterpart on the committee is Charman Mike QuigleyMichael (Mike) Bruce QuigleyOn The Money: Biden signals he'll move forward on COVID-19 relief without GOP | Economy adds 49K jobs in January | Minimum wage push sparks Democratic divisions House bill introduced to give gyms B in relief Biden reverses Trump's freeze on .4 billion in funds MORE (D-Ill.).