Rep.-elect Tom Cotton (R-Ark.) has been chosen to fill the last Republican seat on the House Financial Services Committee.
Cotton, a graduate of Harvard and Harvard Law School, worked as a clerk for an appellate judge before going on to practice law. He then joined the U.S. Army as an infantryman, serving five years in active duty beginning in Iraq. He became a decorated soldier and gained experience in management consulting with McKinsey and Co., The Washington Post reports.
The Senate also confirmed on Wednesday the addition of Elizabeth Warren, the Massachusetts senator who is credited with the idea for the Consumer Financial Protection Bureau, to the Senate Banking Committee for 2013. The Senate Banking Committee will also include Sens. Joe Manchin (D-W. Va.) and Heidi Keitkamp (D-N.D.).
The House Financial Services Committee also welcomed other new members, including Reps. Randy Hultgren (R-Ill.), Dennis Ross (R-Fla.) and Marlin Stutzman (R-Ind.), as well as Reps.-elect Andy Barr (R-Ky.), Mick Mulvaney (R-S.C.), Robert Pittenger (R-N.C.) and Ann Wagner (R-Mo.).
“These new members, combined with the expertise of the committee’s returning Republicans, give us an outstanding team that will promote solutions for a stronger economy, an end to too big to fail and smarter regulations that protect consumers without killing jobs,” Spencer Bachus, the chairman of the HFSC, said.