MCHENRY, FOXX IN LINE FOR KEY COMMITTEE CHAIR POSTS.

• Author: Campbell, Colin

As most expected, U.S. Rep. Patrick McHenry was picked by GOP leaders to serve as chair of the House Financial Services Committee next year. He's been the ranking Republican on the committee.

"As chairman, I will pursue an innovation and opportunity agenda," he said in a news release. "We will focus our efforts on conducting appropriate and aggressive oversight of the Biden administration, as well as pursuing bipartisan legislation to put Americans back in control of their personal financial data, enhance capital formation opportunities, and develop...