Event Profile
- NASDAQ Opening Bell
- February 9, 2009
- California Congressman Ed Royce
- Download Hi-Res Photo
California Congressman Ed Royce (R-CA) presides over the Opening Bell.
About Congressman Royce:
U.S. Representative Ed Royce (R) is serving his ninth term in Congress representing Southern California's 40th District, based in Orange County. He and his wife, Marie, are longtime residents of Fullerton, CA.
Royce's priorities in Congress are: protecting our homeland, supporting our troops and veterans, providing meaningful tax relief for workers, protecting the budget and cutting excessive government spending, fighting crime and supporting victims of crime, strengthening education for all students, and preserving Social Security and Medicare.
Royce has a strong history of public service. In 1982, he was elected to the California State Senate where he began his fight for victims'
rights. He authored the nation's first anti-stalker law and versions of his bill have been adopted in all 50 states. He was also the legislative author and campaign co-chairman of California's Proposition 115, the Crime Victims/Speedy Trial Initiative, approved by the voters in 1990. In Congress, Royce continues his fight for victims' rights. He wrote and passed the Interstate Stalking Punishment and Prevention Act in 1996. This law makes it a federal crime to pursue a victim across state lines and enables law enforcement to intervene before violence occurs. Royce was active in passing AMBER Alert legislation in 2003, and legislation in 2004 to enhance rights for victims of crime.
For the 111th Congress, Royce serves as a senior member of two important Committees in the House: Foreign Affairs and Financial Services. As a member of the Foreign Affairs Committee, Royce has been named Ranking Member of the Subcommittee on Terrorism, Nonproliferation and Trade; member of the Subcommittee on Asia, the Pacific, and the Global Environment.
As Ranking Member of the Subcommittee on Terrorism, Nonproliferation and Trade, Royce is at the forefront of some of the most important issues facing our country. The Subcommittee explores issues including the threat posed by Islamist terrorism, especially the al-Qaeda network; terrorist financing; terrorist sanctuaries and failed states; and capacity building of foreign forces to fight terrorism. The Subcommittee's jurisdiction over nonproliferation issues is crucial given the severity of the threat of weapons of mass destruction falling into terrorist hands.
Within the Financial Services Committee, Royce sits on three
Subcommittees: Capital Markets, Insurance and Government Sponsored Enterprises; Financial Institutions and Consumer Credit; and Oversight and Investigations. Royce has served on the conference committees for some of the most significant legislation in the financial services arena. For more than a decade Royce has called for a stronger federal regulator to limit Fannie Mae and Freddie Mac's excessive risk taking at the expense of taxpayers. In 2003, he offered the first legislation that sought to bring Fannie Mae, Freddie Mac and the Federal Home Loan Bank System under a strong federal regulator.
Royce has consistently earned honors and awards from the National Taxpayers Union, Citizens Against Government Waste, National Federation of Independent Businesses, Watchdogs of the Treasury, Americans for Tax Reform, U.S. Chamber of Commerce, United Seniors Association, 60 Plus, American Share Holders Association, Citizens for a Sound Economy and the Small Business Survival Committee.
A California native, Royce is a graduate of California State University, Fullerton, and School of Business Administration. Prior to entering public service, his professional background includes experience as a small business owner, a controller, a capital projects manager, and a corporate tax manager for a Southern California company.
About NASDAQ OMX:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with over 3,900 listed companies. NASDAQ OMX Group offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; NASDAQ OMX Nordic, NASDAQ OMX Baltic, including First North; and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs.
NASDAQ OMX Group technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.
