Rep. Ed Royce (R-Calif.), who, as a member of the Financial Services Committee has sponsored major credit union-related legislation, has announced he will not seek reelection this year.

Royce, chairman of the House Foreign Affairs Committee, is "term limited" from serving as head of the committee in the next Congress.

"In this final year of my Foreign Affairs Committee chairmanship, I want to focus fully on the urgent threats facing our nation," Royce said, in announcing his retirement.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.