Brady Wins House Ways And Means Chairmanship

By Robert SchroederMarketWatch Pulse

Rep. Kevin Brady was chosen Wednesday as chairman of the House Ways and Means Committee. Brady, a 60-year-old Texas Republican, was chosen by members of the House Republican Steering Committee over Ohio GOP Rep. Pat Tiberi. Brady currently leads the Ways and Means health subcommittee and Tiberi heads the trade subcommittee. Brady takes the place of Rep. Paul Ryan as head of the panel, which also has jurisdiction over taxes. Ryan was elected speaker of the House last week.

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