WASHINGTON BUREAU — Rep. Spencer Bachus, R-Ala., was confirmed today by the House Republican Conference as the incoming chairman of the House Financial Services Committee.
Bachus has been a member of the committee since 1993 and has served as the highest ranking minority member since 2007.
Before becoming a member of Congress, Bachus served in the Alabama state Senate. When Bachus was elected to that body in 1982, he became the first Republican to serve there since Reconstruction.
Bachus says he is “committed to going title by title through the 2,300-page Dodd-Frank Act” to “correct, replace, or repeal the job-killing provisions that unnecessarily punish small businesses and community banks that did nothing to cause the financial crisis.”