NU Online News Service, Dec. 9, 3:44 p.m.EST

WASHINGTON–Rep. Judy Biggert, R-Ill., was named to head theHouse Financial Services Committee subcommittee that deals withinsurance in the next Congress.

Rep. Biggert represents a suburban Chicago district and has beenin Congress since 1999.

She was named by Rep. Spencer Bachus, R-Ala., upcoming chairmanof the House Financial Services Committee, as chair of theSubcommittee on Insurance, Housing and Community Opportunity.

Insurance oversight was moved by the Republicans from theCapital Markets Subcommittee, where it had been previouslyhoused.

Rep. Paul Kanjorski, D-Pa., headed that committee. He wasdefeated for re-election last month after the Republicans ousted 63Democrats in the House. The Republican margin of control of theHouse is the greatest since the 1920s.

The subcommittee will deal with such other issues as mortgagefinance to homeless assistance.

Rep. Bachus also named Rep. Jeb Hensarling, R-Texas, as vicechairman of his committee.

Rep. Shelley Moore Capito, R-W.Va., will head the FinancialInstitutions Subcommittee and Consumer Credit Subcommittee.

Rep. Scott Garrett, R-N.J., will head the Capital Markets andGovernment-Sponsored Enterprises Subcommittee.

Rep. Ron Paul, R-Texas, will head the Domestic Monetary PolicySubcommittee.

Rep. Gary Miller, R-Calif., will head the International MonetaryPolicy Subcommittee.

Rep. Randy Neugebauer, R-Texas, will head the Oversight andInvestigations Subcommittee.