Congresswoman Axne to Sit on U.S. House Financial Services Committee
Washington, DC – Today, U.S. Representative Cindy Axne (IA-03) was appointed to sit on the U.S. House Financial Services Committee in the 116th Congress. The Financial Services Committee has jurisdiction over key issues relevant to Iowa’s Third District, including oversight of federal monetary policy, banking and financial institutions, insurance, trade, housing, and community development.
“As a small business owner representing an urban and rural district, I’m thankful for the opportunity to bring a unique perspective regarding the difficulties and challenges different communities face in obtaining access to capital, especially our rural entrepreneurs, small businesses, and our major employers” said Representative Axne. “I know that investing in small businesses and rural development is the key to job creation and economic growth. I look forward to serving as a champion of bipartisan solutions to ensure our banking and financial institutions are working to support hardworking Iowa families and create jobs in our rural communities.”
Congresswoman Axne spent a decade at the State of Iowa directing initiatives to root out waste, fraud and abuse in order to save Iowa taxpayers $200 million dollars, without cutting services. During her time at the State of Iowa, Congresswoman Axne worked closely with the Iowa Department of Banking, Iowa Insurance Division, Iowa Economic Development Association, Iowa Finance Authority, Iowa Department of Revenue and Iowa Workforce Development on strategies to better serve Iowa.
The Greater Des Moines Area is a global hub of the insurance and financial services industries. It is home to 81 insurance company headquarters and has the highest concentration of insurance jobs among metro regions in the U.S.