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Bachus tabbed as House Financial Services Panel Chair

The Republican Steering Committee chose Rep. Spencer Bachus (R-Ala.) on Dec. 7 to serve as House Financial Services Committee Chairman in the upcoming 112th Congress.

Bachus won the endorsement to keep his post as top-ranking Republican on the Financial Services Committee over Rep. Ed Royce (R-Calif.). Bachus has been the panel's top-ranked Republican for four years.

The Steering Committee also chose Oklahoma Rep. Frank Lucas to chair the Agriculture Committee.

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