KRESSIG TAPPED TO LEAD HOUSE FINANCIAL SERVICES SUBCOMMITTEE
Des Moines, Iowa – House Speaker Pat Murphy of Dubuque has appointed State Representative Bob Kressig, D-Cedar Falls, as chair of the Financial Services Subcommittee. The subcommittee, which is part of the House Commerce Committee, will consider all legislation regarding Iowa’s financial institution, including credit unions and banks.
“As the former Chair of Veridian Credit Union, Rep. Kressig understands the critical role Iowa’s financial institutions have in our economy. I know he will serve Iowans well as Chair of the House Financial Services Subcommittee,” said Murphy.
Kressig will also serve as Vice Chair of both the House Commerce Committee and the Local Government Committee. He was also appointed to Environmental Protection, Public Safety and the Economic Development Appropriations Subcommittee.
“Iowa credit unions and banks plan in important role in every community across Iowa. If we are going to create good-paying jobs in Iowa, it is essential that we have strong financial institutions for businesses and families,” said Kressig.
The 83rd General Assembly will convene on January 12, 2009.