Twitter Flickr YouTube Google Maps E-mail RSS

Angel to co-chair Senate financial-institutions committee

Published on January 27, 2014

Senator Jan AngelSen. Jan Angel brings 14 years of real-world experience in the banking industry to her new position as co-chair of the Senate Financial Institutions, Housing and Insurance Committee.

“One of the benefits of having a citizen legislature in Washington,” explained Angel, R-Port Orchard, “is that the knowledge and skills from our private lives can be put to use on behalf of the people of this state. The issues that come up in the committee will likely be familiar to me, having spent a good part of my professional life working in commercial banking, insurance, and real estate.

“My focus as a citizen legislator is on finding real solutions for real people. I’m honored to lead this committee alongside Senator Steve Hobbs and I appreciate his commitment to bipartisanship.”

When it assumed leadership of the Senate in 2013, the Senate Majority Coalition Caucus invited minority Democrats to head six of the Senate’s 12 policy committees; Hobbs, D-Lake Stevens, was one of two to accept.

The Democrat minority also accepted the MCC invitation this past year to co-chair the Senate Transportation Committee. The appointment of Angel, who was elected to the Senate in November, makes the FIHI committee the Senate’s second panel with bipartisan leadership.

According to Sen. Linda Evans Parlette, R-Wenatchee, the MCC has consistently looked for innovative ways to encourage bipartisan leadership within the various committees.

“We have seen Senators Curtis King and Tracey Eide form a wonderful partnership with mutual respect in the transportation committee,” said Parlette, who is MCC chair. “With Senator Angel’s background in banking, housing, and insurance, we saw this as another opportunity to foster strong, bipartisan leadership, which will ultimately produce quality outcomes for Washington.”

The committee headed by Angel and Hobbs considers issues relating to financing and insuring properties, mortgage and insurance regulations and reporting requirements, financial solvency, insurance fraud, private lending, and community credit needs.