Tyrie faces fight to keep Treasury Committee chair as key positions wait to be filled

PROMINENT MP Andrew Tyrie faces a challenge to hold onto his role as chairman of the Treasury Select Committee as fellow Conservative and former Barclays banker Jesse Norman seeks the role for the new parliament.

Any change in leadership of the committee would prove something of a surprise, whith Tyrie held in high regard among financial and professional services circles, City AM reports.

Indeed, his dispassionate manner won him the admiration of many in the context of other committees, where the position was frequently used as a soapbox.

Tyrie has chaired the powerful committee since 2010, scrutinising officials from the Bank of England, the Treasury and various financial institutions.

The chairmanship of the various select committees will be voted on once parliament reconvenes. The speaker will be elected on 18 May, with a timetable for the election of chairs drawn up thereafter.

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