February 1, 2017

CHICAGO – State Representative La Shawn K. Ford, D-Chicago, has been named by Illinois House Speaker Michael J. Madigan as Chairman of the Illinois House Financial Institutions Committee. The committee is the key Illinois panel to debate and discuss legislation dealing with the banking, savings and loan and mortgage industries in Illinois.

“Illinois is a leader in the financial services industry,” said Ford, now a six-term representative. “Illinois has more state-chartered banks than any other state in the United States and ranks in the top three states in the amount of total banking assets, total trust assets and number of foreign bank offices. A strong Illinois banking system promotes economic development, supports the growth of small businesses, encourages home ownership and provides for the financial security of Illinois residents,” said Ford.

“As Chairman of the Illinois House Financial Institutions Committee, one of my goals will be to fight for economic opportunity for every commu...

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