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Coburn, Heller to replace DeMint, Wicker on Senate Banking Committee

Tom Coburn

Tom Coburn

Sens. Tom Coburn (R-Okla.) and Dean Heller (R-Nev.) have been appointed to the Senate Banking Committee for the New Congress.

The legislators will fill spots vacated by Sen. Jim DeMint (R-S.C.) and Sen. Roger Wicker (R-Miss.). DeMint will leave the committee to head the Heritage Foundation, a conservative think tank organization, while Wicker will serve on a different committee during the new session of Congress, American Banker reports.

Heller, who previously served on the House Financial Services Committee and worked in the financial industry, found support during the fall election from Friends of Traditional Banking, a superPAC established by bankers. In addition, Heller has served on the House Ways and Means Committee and Energy and Natural Resources Committee. He graduated from the University of Southern California in 1985 with a bachelor’s degree in business administration, specializing in finance and securities analysis.

Coburn, a three-time cancer survivor, graduated from Oklahoma State University in 1970 with an accounting degree. From 1970 to 1978, Coburn served as the manufacturing manager at the Opthalmic Division of Coburn Optical Industries. He went on to graduate from the University of Oklahoma Medical School in 1983. Coburn served three terms in the House before joining the Senate in 2005.

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