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The Treasury Committee is reportedly looking for a new member of parliament to replace its former chair, Mel Stride, after his recent appointment as Rishi Sunak’s new secretary of state for work and pensions.
Stride served as the chair of the Treasury Committee since October 2019 and currently only a member of the Conservative party will be allowed to stand for election, although all MPs are said to able to take part in the election process.
It is reported that the speaker of the Commons has announced the timetable for the election of the new chair. Nominations are currently open and will not close until noon on Tuesday 8 November.
According to the Treasury Committee, select committee chairs are allocated according to party and the order of the house of 16 January 2020 allocated the chair of the committee to the Conservative party.
If there is only one candidate nominated for the role, the speaker is “likely” to announce the results on the day that nominations close. However, if there is more than one, a ballot will be taking place on Wednesday 9 November and the speaker will announce the results in the chamber later that day.
Candidates reportedly require 15 signatures from their own party to be nominated and valid nominations received on sitting days will be printed in the next day’s business papers of the House.
