Tipton Named Vice Chair of Financial Services Oversight Subcommittee

Jan 10, 2017 Issues: Financial Services

Congressman Scott Tipton (CO-03) has been appointed to serve as Vice Chairman of the House Financial Services Subcommittee on Oversight and Investigations. A member of the subcommittee during the 114th Congress, Tipton will now serve directly under Subcommittee Chairwoman U.S. Rep. Ann Wagner (MO-02).

“It’s an honor to be given the opportunity to serve in a leadership position on the House Financial Services Committee, and especially as part of the subcommittee that is responsible for holding federal agencies and financial institutions accountable to the American people,” Tipton said. “I look forward to working with Chairman Hensarling and Chairwoman Wagner to advance the goals of the full committee and ensure the laws governing our financial institutions support economic opportunity and financial independence for hardworking Americans.”

In the 114th Congress, the Financial Services Subcommittee on Oversight and Investigations examined the events surrounding the Obama Administration’s $400 million cash payment to Iran in January of 2016, the impact of the Puerto Rico debt crisis on U.S. markets, privacy issues related to the Consumer Financial Protection Bureau’s (CFPB) mass data collection practices, and myriad other topics.

Announcing the Financial Services Leadership Team for the 115th Congress, Chairman Jeb Hensarling (TX-05) said, “Our committee will continue to develop bold, forward-looking plans that hold Washington and Wall Street accountable, end taxpayer-funded bailouts, and protect consumer choice.”