Spotlight on Freshmen in the House Financial Services Committee
February 4, 2025
Seven freshman Representatives have joined the House Financial Services Committee (HFSC), a coveted post for new Members of Congress. The committee has wide influence over the economy through its oversight of financial regulators, capital markets, housing, insurance, and monetary policy.
The following is a summary of the freshman lawmakers on the HFSC, relevant backgrounds, and the districts they represent:
Congressman Marlin Stutzman (R-IN-3)
- While Rep. Stutzman is technically a freshman member of the current Congress, he returns to a seat he held from 2010-2017.
- In 2016, Rep. Stutzman did not run for re-election to the House, instead choosing to mount a bid for the U.S. Senate. His campaign for the Senate ended in defeat, as Stutzman did not advance past the Republican primary.
- Indiana’s third district encompasses Fort Wayne and a large northeastern portion of the state.
Congressman Troy Downing (R-MT-2)
- Rep. Downing served as the state auditor for Montana from 2021-2025.
- Downing served in the U.S. Air Force and Air National Guard from 2001-2010, with a Combat Search and Rescue squadron that included two tours of duty to Afghanistan.
- Montana’s second district encompasses the entire eastern half of the state, including the cities of Billings and Helena.
Congressman Mike Haridopolos (R-FL-8)
- Rep. Haridopolos served as a member of the Florida House of Representatives from 2003-2010 and as President of the Florida Senate from 2010-2012.
- Florida’s eighth district encompasses all of Cape Canaveral and Brevard County.
Congressman Tim Moore (R-NC-14)
- Rep. Moore served as Speaker of the North Carolina House of Representatives from 2015-2025, and served in the state legislature since 2003.
- The fourteenth district encompasses Charlotte and large segments of western North Carolina.
Congressman Cleo Fields (D-LA-6)
- Rep. Fields, a freshman member of the current Congress, represented Louisiana’s fourth district in Congress from 1993-1997. In his current role as a lawmaker, he represents the sixth district.
- Rep. Fields was first elected to the Louisiana State Senate in 1987 and has since served in multiple statewide roles.
- Rep. Field’s current district stretches from Baton Rouge to Shreveport.
Congresswoman Janelle Bynum (D-OR-5)
- Prior to winning her seat, Rep. Bynum served in the Oregon House of Representatives from 2016-2024.
- Bynum’s district stretches from the southeastern section of Portland to the city of Bend.
Congressman Sam Liccardo (D-CA-16)
- Rep. Liccardo served as the Mayor of San Jose from 2015-2024 and served on the San Jose City Council since 2007.
- California’s sixteenth district includes parts of San Jose and the San Francisco Bay; it is the state’s wealthiest district.
Contact James Montfort (
jmontfort@crefc.org) with any questions.