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Bachus Appoints Hensarling As Ranking Member of Financial Institutions Subcommittee

WASHINGTON, Jan 8 -

Congressman Spencer Bachus, Ranking Member of the House Financial Services Committee, announced today the selection of Congressman Jeb Hensarling (TX-05) as Ranking Member for the Subcommittee on Financial Institutions and Consumer Credit.

Ranking Member Bachus said, "I am excited to appoint Congressman Hensarling as the Ranking Member of the Subcommittee on Financial Institutions and Consumer Credit. Congressman Hensarling has proven to be an effective and dedicated advocate to ensuring that consumers can be active, well-informed participants in the market and that government does not make financial products too expensive for Americans. As we address the financial crisis affecting our nation, I am confident in Congressman Hensarling's practical experience and dedication to the principled free enterprise system."

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