Finance

Womack to replace Graves on Financial Services subcommittee

Stefani Reynolds

Rep. Steve Womack (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 Graves (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.

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 Pelosi (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 Trump 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 Quigley (D-Ill.).

Tags Budget Coronavirus relief bill Donald Trump House Appropriations Mike Quigley Nancy Pelosi Ranking member Steve Womack Tom Graves
See all Hill.TV See all Video

Most Popular

Load more

Video

See all Video