SIFMA announced today that the members of the Engage China coalition have agreed the Honorable Kenneth E. Bentsen, Jr. will take over as chairman. Mr. Bentsen is currently the president and CEO of SIFMA and the CEO of the Global Financial Markets Association (GFMA). From 1995 to 2003, he served as a Member of the United States House of Representatives from Texas, where he sat on the House Financial Services Committee (and its predecessor House Banking and Financial Services Committee), and separately on the House Budget Committee. Prior to his service in Congress, Mr. Bentsen was an investment banker at both a major Wall Street firm and a large regional firm, where he specialized in municipal and mortgage finance.
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