Congressman Sherman Becomes Top Dem on Asia Subcommittee
Washington DC – Congressman Brad Sherman (D-CA), the second ranking Democrat on the House Foreign Affairs Committee and senior member of the House Financial Services Committee, announced new Subcommittee roles for the 114th Congress. In the House Foreign Affairs Committee, Sherman will serve as the ranking member on the Subcommittee on Asia, and will continue to serve on the Subcommittee on Terrorism, Nonproliferation and Trade, as the Chairman Emeritus (former Chairman). In the House Financial Services Committee, Sherman will join the Subcommittee on Financial Institutions and Consumer Credit, and continue to serve on the Subcommittee on Capital Markets and Government-Sponsored Enterprises.
“It is a great privilege to become the ranking member on Asia,” said Congressman Brad Sherman. “As this administration continues to ramp up interest in Asia, I hope to help shape better trade policy and scale back the free trade agreements which have increased our trade deficit, outsourced jobs and rewarded countries that have not traded fairly with the United States. Under the proposed Trans-Pacific Partnership goods made in Vietnam, where workers are paid 40 cents per hour, will enter America duty-free. That’s not the way to raise wages in America.
“I’m also pleased to be joining the Subcommittee on Financial Institutions where I can focus on keeping in place many of the important protections we enacted that Republicans are eager to dissolve.”
The Asia Subcommittee, which has jurisdiction on foreign relations with over half the world’s population, has become increasingly important as Congress and the Obama administration has shifted focus to the region. From this post, Sherman will be able to tackle an array of issues including U.S.-China Relations, large scale economic policy with the surrounding region, developing our critical relationship with India and Pakistan, overseeing the U.S. response to maritime disputes in Southeast Asia, and deepening long-term alliances with Korea and Japan.