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TREASURY COMMITTEE April 2020

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TREASURY COMMITTEE April 2020 COMMONS SELECT COMMITTEES TREASURY COMMITTEE April 2020 COMMITTEE PRIORITIES The Chair, Mel Stride, was re-elected unopposed following the 2019 General Election having set out his priorities at the time for the committee which included: the representation of women in finance, business tax reliefs, regional imbalances in the economy and Brexit. Mr Stride did not highlight areas of more direct relevance to the funds industry. However, we expect the committee to concentrate on COVID-19 issues and our future trade agreements with the EU and United States. Committee members might also pursue subjects of greater relevance to industry, or revisit unfinished inquiries from the last parliament, such as green finance. With regard to the Government’s ongoing response to the COVID-19 crisis, the committee launched a call for evidence into Economic impact of coronavirus and continues to hold ministers, officials and the financial services industry to account in public. Chair profile Rt Hon Mel Stride MP [email protected] Conservative / Central Devon – Intake 2010 Mel Stride is a former Government Whip, Leader of the House and Financial Secretary to the Treasury. He was elected as Treasury Committee Chair in October 2019, and was re-elected unopposed following the General Election. Before entering Parliament, he setup and ran his own business specialising in trade exhibitions, conferences and publishing. Member profiles Steve Baker MP [email protected] Conservative / Wycombe – Intake 2010 Ardent Brexiteer, Steve Baker, was a junior minister in the Department for Exiting the EU between 2017 and 2018. He is best known for twice chairing the eurosceptic European Research Group which is made up of Conservative backbench MPs. He is a longstanding member of the Treasury committee having served on it since 2014, aside from the year he spent in Government. Harriett Baldwin MP [email protected] Conservative / West Worcestershire – Intake 2010 Harriett Baldwin has extensive experience across government having served as a minister in the Foreign and Commonwealth Office, Department for International Development, Ministry of Defence as well as City Minister between 2015 and 2016. Before becoming an MP, she spent 20 years in finance specialising in currency markets for pension funds. Anthony Browne MP [email protected] Conservative / Wycombe – Intake 2019 Despite being a new MP, Anthony Browne will be familiar to many in the City given his previous role as chief executive of the British Bankers’ Association. Mr Browne also chairs the All Party Parliamentary Group for the Environment. He is a former Director of the think tank Policy Exchange and was Policy Director for Economic Development to Boris Johnson when he was Mayor of London. Felicity Buchan MP [email protected] Conservative / Wycombe – Intake 2019 Before entering Parliament, Felicity Buchan’s professional career was in financial services specialising in raising significant finance for countries, large companies and global agencies such as the World Bank. She lists her political priorities as growing the economy, protecting the environment and zero tolerance on crime. Julie Marson MP [email protected] Conservative / Wycombe – Intake 2019 Prior to entering Parliament, Julie Marson’s professional career was in finance. She also served as a magistrate and a local councillor in Thanet. During the EU referendum campaign she sat on the board of the eurosceptic group Women for Britain. Alison McGovern MP [email protected] Labour / Wirral West – Intake 2010 Alison McGovern is expected to step down as a member of the Committee, following her appointment to Keir Starmer’s frontbench team as Shadow Sports Minister. Rushanara Ali MP [email protected] Labour / Bethnal Green and Bow – Intake 2010 Rushanara Ali is now in her third stint on the Treasury committee. Under the leadership of Ed Miliband, she was a shadow frontbencher taking on roles covering international development and education. Ms Ali co-founded One Million Mentors, an online platform to recruit, train and deploy one million mentors to organisations working with young people. Angela Eagle MP [email protected] Labour / Wallasey – Intake 1992 Experienced parliamentarian, Angela Eagle, took on a number of ministerial roles when Labour were last in government including in the Department for Work and Pensions, Home Office and as Exchequer Secretary in the Treasury. In 2016 she unsuccessfully challenged Jeremy Corbyn for leadership of the Labour Party before later withdrawing. Ms Eagle returns to the Treasury committee having last been a member between 2003 and 2007. Liz Kendall MP [email protected] Labour / Leicester West – Intake 2010 Liz Kendall is expected to step down as a member of the Committee, following her appointment to Keir Starmer’s frontbench team as a Shadow Health Minister. Alison Thewliss MP [email protected] SNP / Glasgow Central – Intake 2015 Alison Thewliss is a new member of the committee which sits alongside her role as the SNP’s principal Shadow Treasury Spokesperson. Ms Thewliss came to prominence early in her parliamentary career successfully campaigning for a “rape clause” to be added to changes to the tax credits system limiting payments to two children. Committee email address: [email protected] Phone: 020 7219 8222 Gosia McBride, Clerk: [email protected] Adam Wales, Chief Policy Adviser: [email protected] Matt Panteli, Senior Policy & Media Officer: [email protected] The Investment Association Camomile Court, 23 Camomile Street, London, EC3A 7LL www.theia.org @InvAssoc.
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