Johnson to oversee Senate banking committee

Tim Johnson replaces Chris Dodd as head of the Senate Committee on Banking, Housing and Urban Affairs.

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Tim Johnson, the Democratic senator for South Dakota, has been named the new head of the Senate Committee on Banking, Housing and Urban Affairs.

A member of the Committee since 1997, Johnson replaces the previous chairman, fellow Democrat Chris Dodd. Dodd retired in early January, after announcing a year ago that he would not run in the November elections.

Elected to the House of Representatives in 1986, Johnson was South Dakota’s congressman for five terms before being elected to the Senate in

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