Iowa's Grassley to be Finance Committee Chairman

Iowa Senator Charles Grassley's now officially the chairman of the Senate Finance Committee.

The Senate passed a resolution Wednesday affirming Grassley's move to take back the chairmanship from Sen. Orrin Hatch of Utah, who didn't seek re-election.  

Grassley handed the reins of the Senate Judiciary Committee to Senator Lindsay Graham of South Carolina.  

Grassley's wielded the gavel in the Finance committee before-in 2001 and 2003 through 2007.  He says he's most proud of the bipartisan legislation the committee has approved.

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