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Policymakers mourn passing of former Senate Banking Committee leader

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Inside the Beltway, Legislation
Friday, October 11, 2024

Former chair of the Senate Banking, Housing and Urban Affairs Committee Tim Johnson (D-S.D.) passed away at the age of 77, following declining health after a stroke. Legislators released statements expressing condolences for the former senator who spent 36 years in state and federal politics before retiring in 2015.

Sen. Sherrod Brown (D-Ohio), who currently chairs Johnson’s former committee and served alongside him from 2007 to 2015, released a statement honoring his life and career.

“Tim Johnson dedicated his life to public service,” Brown said. “During our time together on the Senate Banking and Housing Committee, after the 2008 financial crisis, Tim and I worked together to pass, implement, and defend the landmark Dodd-Frank Wall Street Reform law to protect working families from Wall Street greed and prevent more taxpayer-funded bailouts.”  

Johnson was at the committee’s helm for the launch of the Consumer Financial Protection Bureau in July 2011 and was a staunch advocate for its consumer-focused mission. He was also one of the most successful politicians in South Dakota history, never losing an election during his political career.

“Known for his tenacity and work ethic, Tim was a steadfast leader who dedicated his life to serving the people of South Dakota with integrity and compassion,” Sen. John Thune (R-S.D.) said in a statement. “He fought tirelessly for rural America and leaves a legacy that will have a lasting impact for years to come. We are praying for Barbara and their entire family and know that Tim’s remarkable life will continue to inspire future generations.”

Also among those to express condolences for Johnson’s passing were other lawmakers and President Joe Biden and Vice President Kamala Harris.

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