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Royce challenges Bachus for House Financial Services post

Mark A. Hofmann

November 04, 2010 Reprints

P/C Legislation & Regulation Health Care Benefits P/C Insurers Workers Comp Coverage More + Less -

WASHINGTON—Rep. Ed Royce, R.-Calif., says he will seek the chairmanship of the House Financial Services Committee.

His announcement Wednesday sets up a contest with the committee’s top Republican—Rep. Spencer Bachus, R-Ala.—who is first in line to succeed Rep. Barney Frank, D-Mass., as committee chairman as a result of Republicans winning control of the House in Tuesday’s elections.

Rep. Frank is expected to continue leading the committee’s Democrats.

Rep. Royce has been a prominent critic of state insurance regulation and co-sponsored legislation that would allow insurers and producers to choose an optional federal charter.

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Royce challenges Bachus for House Financial Services post

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