The House Financial Services Committee may soon have a different face, as six members of the committee, including Joe Baca, Judy Biggert, Francisco Canseco, Robert Dold, Frank Guinta and Nan Hayworth, lost bids for re-election.
Baca (D-Calif.) was unseated by Gloria Negrete McLeod, Biggert (R-Ill.) was defeated by Democrat Bill Foster and Canseco (R-Texas) lost to Pete Gallego, though he has refused to concede the race.
Dold (R-Ill.) was defeated by Democrat Bill Schneider, Guinta (R-N.H.) was unseated by Democrat Carol Shea-Porter and Hayworth (R-N.Y.) lost to Democrat Sean Patrick Maloney.
Other key members of the committee, including Spencer Bachus and Barney Frank, will also be replaced, The Hill reports.
Rep. Jeb Hensarling (R-Texas) is expected to replace Bachus, who has reached his term limit, and assume the position of committee chairman beginning in 2013. Previously the vice chairman of the HFSC, Hensarling was re-elected to his sixth term in Congress after defeating Democratic challenger Linda Mrosko.
Rep. Maxine Waters (D-Calif.) will replace the outspoken Frank, who announced his retirement in November 2011, as the ranking Democrat on the panel, according to The Hill.
Additionally, panel member Joe Donnelly (D-Ind.) was elected to the Senate, and ranking members Ron Paul (R-Texas), Donald Manzullo (R-Ill.), Gary Ackerman (D-N.Y.) and Brad Miller (D-N.C.) did not seek re-election.
The U.S. House of Representatives currently has 234 Republicans and 193 Democrats. Eight races across Arizona, California, Florida, Louisiana and Utah have yet to be decided.