WASHINGTON – Sen. Chuck Grassley of Iowa today announced that he will opt to serve as chairman of the Senate Committee on Finance during the 116th Congress when committees are organized in January. Grassley previously served as chairman of this committee from January 2001 to June 2001 and from January 2003 to January 2007. He also served as ranking member from June 2001 to January 2003 and from January 2007 to January 2011.

“The economy is better than it’s been in years and there’s a sense of optimism about the future of our country that people haven’t felt in a long time thanks to the pro-growth policies of a Republican President and a Republican majority in Congress,” Grassley said. “Looking ahead, at the Finance Committee, I want to continue to work to make sure that as many Americans as possible get to experience this good economy for themselves. That means working to provide Americans with additional tax relief and tax fairness so they can spend more of their hard-earned money on what’s important to them. It means giving small businesses more of the tools they need to hire additional workers, invest in their companies and give their employees the benefits and wages they’ve earned. It means expanding market opportunities for farmers, manufacturers and service providers to export more ‘Made-in-America’ goods and services all across the globe for the benefit of workers in all of these valued sectors of the American economy. And it means improving the affordability, quality and accessibility of health care, including in rural America. There’s always more that can be done to help make life better for and empower every individual and family. I look forward to working with other senators, both Republican and Democratic, to get the job done.”

Senate Republican Conference rules limit service as chairman and ranking member to six years or three Congresses for each role. Grassley is eligible to serve as chairman of the Senate Finance Committee for one full Congress.

Grassley has served as chairman of the Senate Judiciary Committee since January 2015 and previously served as ranking member from January 2011 to January 2015. Grassley is eligible to serve as ranking member of the Senate Judiciary Committee for one additional Congress and as chairman for another Congress.