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Tim Johnson (U.S. Senator)

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The U.S. Senator from South Dakota since 1997 and the Chairman of the Senate Committee on Banking, Housing, and Urban Affairs since 2011.
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ENG: Timothy Peter "Tim" Johnson (born December 28, 1946) is the senior U.S. Senator from South Dakota, serving since 1997. He is a member of the Democratic Party. He previously served as the U.S. Representative for South Dakota's At-large congressional district from 1987 to 1997, and in the state legislature from 1979 to 1986. Early life Tim Johnson was born in Canton, South Dakota to Ruth Jorinda Ljostveit and Vandel Charles Johnson.Raised in Vermillion, Johnson earned a B.A. in 1969 and an M.A. in 1970 from the University of South Dakota, where he was a member of the Delta Tau Delta fraternity. After doing post-graduate studies at Michigan State University from 1970 to 1971 during which time he worked for the Michigan State Senate, he earned his J.D. from the University of South ...
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Sen. Tim Johnson Lays Out Senate Banking Committee’s Agenda

Sen.Tim Johnson, D-S.D., chairman of theSenate Banking, Housing and Urban Affairs Committee, says that among his Committee’s top oversight issues for the 112th Congress will be: the Dodd-Frank Act; theSecurities and Exchange Commission’s (SEC) funding, the SEC’s “effectiveness”, and the agency’s whistleblower program; housing finance reform—including restructuring the GSEs; the state of the municipal securities market; credit ratings agencies; theConsumer Financial Protection Bureau; and the newFederal Insurance Office. Those issues and ...

Senate Bank.Commit. chairman Johnson hits Paul Ryan budget

The chairman of the Senate Banking Committee attacked Rep. Paul Ryan’s budget plan on Wednesday, saying it would weaken the Wall Street reform law passed last year by repealing a provision meant to break up “too-big-to-fail” banks. Sen. Tim Johnson (D-S.D.) sharply criticized provisions that take direct shots at the Dodd-Frank law, which Ryan dismisses as “not reform.” Ryan’s plan calls for repealing a measure that allows the Federal Deposit Insurance Corporation to step in and wind down failing big banks as well as language that grants the Financial ...

Sen. Tim Johnson to Head Banking Committee

Sen. Tim Johnson (D., S.D.) is the new chairman of the Senate Banking Committee. Alaska Sen. Lisa Murkowski keeps her committee posts after defying Republican leaders to defeat the GOP nominee in the midterm elections. West Virginia Sen. Joe Manchin, a Democrat known for a campaign commercial in which he shot a bullet through a cap-and-trade bill, got a a seat on the Energy & Natural Resources Committee. And Fed Chairman Ben Bernanke can breathe a sigh of relief that first-year Sen. Rand Paul (R., Ky.), a tea party favorite, isn’t on the panel that oversees the central bank. Those ...

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