Summit Notebook

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Hensarling proud of fiscal conservative creds, embraces Tea Party allies


It is clear that House Financial Services Committee Vice Chairman Jeb Hensarling is proud of his credentials as a fiscal conservative.

He may have more competition for that label after the November election swept in members of the Tea Party. But he sees that as a good thing. FINANCE-SUMMIT/HENSARLING

Hensarling eased into the position of  House Republican Conference chair after avoiding an internal battle for the fourth highest slot in House Republican leadership when Michele Bachmann, who started the congressional Tea Party Caucus, stepped aside.

We asked him at the Reuters Future Face of Finance summit how his Tea Party colleagues are fitting in on Capitol Hill.