WASHINGTON D.C.- The House Financial Services Committee has a new member in Rep. Mike Flood. "Banking, finance and insurance are key job creators across the 1st Congressional District," the Republican congressman noted. "There's important work to be done on this committee to grow and protect the economic well-being and freedom of Americans as our country's financial system evolves in a digital economy," he said.

"I look forward to collaborating with Chairman (Patrick) McHenry and Nebraska's banking and insurance sectors on a diverse set of priorities ranging from digital asset regulation to the encroachment of ESG," Flood said. ESG is environmental, social, and governance investing. The committee has jurisdiction over banking, capital markets, housing, insurance, international finance, money and credit, and urban development.

McHenry said Flood's "work to support small businesses and increase access to capital make him a valuable addition to our already dynamic team." McHenry said there is a lot of work and areas that need addressing, and he knows that Rep. Flood is ready to take on that job over the coming term.

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