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Charlie Crist named to three key financial services subcommittees

in The Bay and the 'Burg/Top Headlines by

Charlie Crist, as a member of the House Financial Services Committee, was tapped to serve on three of its principal subcommittees.

The freshman St. Petersburg Democrat has been named to:

— Financial Institutions and Consumer Credit, which covers all matters relating to banking, including oversight of the Consumer Financial Protection Bureau, mortgages, and federal regulators of financial institutions;

— Monetary Policy and Trade, which has jurisdiction over the Export-Import Bank and the International Monetary Fund as well as the Federal Reserve’s monetary policy, which impacts access to capital and interest rates; and

— Oversight and Investigation, which is tasked with overseeing administration actions relating to financial services to promote good governance in this sector.

These assignments will serve as a complement to Crist’s work on the full committee, such as ensuring flood insurance is more affordable and enacting Wall Street reform.

“Our work on the Financial Services Committee — and particularly these subcommittees — will have a direct impact on residents of Pinellas County,” Crist said in a statement. “I look forward to having the opportunity to affect policies to increase access to capital for small businesses, particularly women- and minority-owned businesses that drive our local economy, as well as defending the Export-Import Bank, which has supported $200 million in exports from Pinellas County businesses since 2012On the Oversight Subcommittee, I will be a faithful watchdog on behalf of the people and their hard-earned tax dollars.”

More information on the roles and responsibilities of Financial Services is available on the committee website.

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Phil Ammann is a St. Petersburg-based journalist and blogger. With more than three decades of writing, editing and management experience, Phil produced material for both print and online, in addition to founding HRNewsDaily.com. His broad range includes covering news, local government and culture reviews for Patch.com, technical articles and profiles for BetterRVing Magazine and advice columns for a metaphysical website, among others. Phil has served as a contributor and production manager for SaintPetersBlog since 2013. He lives in St. Pete with his wife, visual artist Margaret Juul and can be reached at phil@floridapolitics.com and on Twitter @PhilAmmann.

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