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Washington, January 27, 2009 - The House Financial Services Committee approved a measure offered by Congressman Bill Posey (R-FL) to bring greater disclosure and accountability to the House Financial Services Committee. Posey’s “Accountability Amendment” requires quick disclosure of all committee votes and was unanimously adopted by members of the committee earlier today.

“I’m proud that my first legislative success holds a powerful House committee accountable to the American people,” said Congressman Posey. “Congress needs to make every effort to quickly disclose the decisions it makes and I hope all other committees will adopt an accountability amendment as well.”

Congressman Posey’s Accountability Amendment requires that all votes taken by members of the House Financial Services Committee be posted on the Committee’s website no later than two days after the vote. Posey offered the measure as an amendment to the Committee’s rules package at an organizational meeting of the House Financial Services Committee.