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An Imminent Decision for Chuck Grassley

Among all the reshufflings set to occur in the wake of Sen. Arlen Specter’s (Pa.) surprise switch today to the Democratic Party, it looks like Sen. Charles

Jul 31, 2020
Among all the reshufflings set to occur in the wake of Sen. Arlen Specter’s (Pa.) surprise switch today to the Democratic Party, it looks like Sen. Charles Grassley (R-Iowa) will be next in line to replace Specter as the top Republican on the Senate Judiciary Committee. (Although Utah Republican Sen. Orrin Hatch has seniority over Grassley on the panel, GOP term-limit rules prevent Hatch from taking over the ranking member spot.)
It’s a position Grassley covets, but there’s also a major complication. Namely, Grassley is currently the senior Republican on the Senate Finance Committee, and GOP conference rules forbid him from serving as ranking member of both panels at the same time, a Senate aide said Tuesday. Theoretically, he could get a waiver to serve on both, but that’s unlikely, the aide said.
So very shortly, Grassley has a tough choice to make: Either he can remain the senior Republican on Finance — a powerful spot this year with comprehensive health reforms looming, but also a position he’ll have to give up at the end of 2010 because of GOP term-limit rules — or he can accept the top GOP spot on Judiciary.
It wasn’t supposed to work out like this. Earlier this year, Grassley said he’d be willing to pass up the chance to become ranking member of Judiciary in order to help Specter, who was facing a tough reelection contest next year. Instead, Grassley indicated that he’d take the top GOP spot on the Senate Budget Committee, where Republican term limit rules will force Sen. Judd Gregg (R-N.H.) to step down from the senior position at the end of 2010.
“From my heart, I’d rather have Judiciary than Budget,” Grassley told CQ last month. “But out of respect for Specter, I might take Budget.”
Now, with Specter’s exodus from the GOP, the Judiciary spot is suddenly open. Grassley can have it, but it would likely come at the price of his perch on Finance. No word yet what he intends to do.
Camilo Wood

Camilo Wood

Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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