Grassley, who attributes economic optimism to current pro-growth policy agenda, wants all Americans to benefit from the healthy economy.
11/20/2018 14:30
Iowa Republican U.S. Sen. Chuck Grassley is in line to chair the Senate Finance Committee during the 116th Congress, according to a statement issued by his office Nov. 16.
Grassley currently serves as chairman of the Senate Judiciary Committee, which has some jurisdiction over Telephone Consumer Protection Act issues, and his departure there would leave the seat open for U.S. Sen. Lindsey Graham, R-S.C.
Grassley previously served as chairman and as the ranking member of the Senate Finance Committee.
“The economy is better than it’s been in years and there’s a sense of optimism about the future of our country that people haven’t felt in a long time thanks to the pro-growth policies of a Republican President and a Republican majority in Congress,” Grassley said in a news release. “Looking ahead, at the Finance Committee, I want to continue to work to make sure that as many Americans as possible get to experience this good economy for themselves.”
According to CNBC, if Graham is named chairman of the Senate Judiciary Committee, he would be poised to advance President Donald Trump’s judicial nominees to the full Senate for a vote next year.
“If I am fortunate enough to be selected by my colleagues to serve as chairman, I will push for the appointment and Senate confirmation of highly qualified conservative judges to the federal bench and aggressive oversight of the Department of Justice and FBI,” Graham said in a news release. “Finally, I will continue to seek common sense, bipartisan solutions to major issues facing our nation.”
Meanwhile, in the U.S. House of Representatives, the new Democrat majority after the midterm elections means committee leadership will change party in January. U.S. Rep. Maxine Waters, D-Calif., is expected to move from ranking member of the House Financial Services Committee, which has jurisdiction over issues relevant to the accounts receivable management industry including banking, the economy and securities and exchanges, into the chairman role. Chairman U.S. Rep. Jeb Hensarling, R-Texas, is retiring this year due to term limits.
Stay up to date on the impact of the changing political landscape for the accounts receivable management industry in episodes of ACA Cast featuring insights from Leah Dempsey, vice president and senior counsel, federal affairs; Andrew Madden, vice president of government and state affairs; and Rae Ann Bevington, vice president congressional and political affairs. Visit the ACA Cast website to access the latest episode as well as archives.
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