Sen. Chuck Grassley announced Friday that he plans to cede the gavel of the Senate Judiciary Committee next year, serving instead as chairman of the Senate Finance Committee, NBC News reported.
“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," Grassley, who’s set to become Senate Pro Tempore in the next Congress, said in a statement. "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.”
The Iowa Republican has served as chairman of the Judiciary panel since January 2015. Senate Republican Conference rules limit service as chairman and ranking member to six years, which means Grassley is eligible to serve as the Finance Committee’s chairman for one full congressional session.
The announcement means that Sen. Lindsey Graham, R-S.C. — a vocal member on the panel who has been a fierce defender of President Donald Trump and his policies — is likely to be the panel's next chair.