Skip to content
Subscriber Only

Royce to Seek House Financial Services Chairmanship

House Republicans returning to power after an Election Day sweep in which they gained at least 60 seats will have to choose between two members of their own party as they select a leader for the panel that oversees Wall Street.

U.S. Representative Ed Royce of California, elected to his 10th two-year term yesterday, said he will seek the chairmanship of the House Financial Services Committee, challenging Alabama Representative Spencer Bachus, the panel’s ranking Republican.