Sunday, June 16, 2013

Senator Tom Udall Named to Appropriations Post Overseeing SEC and CFTC Funding

Senator Tom Udall (D-NM) has been named the Chairman of the Senate Appropriations Financial Services and General Government Subcommittee, which has jurisdiction over the annual funding for financial-related agencies including the Department of Treasury, the SEC, the CFTC and the Internal Revenue Service. In a statement, Senator Udall said that as Chairman he will work hard to support small businesses, expand rural broadband, protect consumers and ensure the safety of the financial markets. Senator Udall was named to oversee the SEC and CFTC funding by Chairwoman Barbara Mikulski (D-MD) of the full Senate Appropriations Committee.