Tenure
Towns served on the Energy and Commerce Committee and is a member of the Congressional Black Caucus. On January 7, 2009, his proposed legislation to require information on Presidential donors kicked off the new session of the 111th Congress. Towns' past accomplishments include, co-sponsoring or enacting several pieces of federal legislation, including the Student Right To Know Act, which mandated the reporting of the rate of graduation among student athletes, creating the Telecommunications Development Fund, which provides capital for minority business initiatives, and the development of a federal program for poison control centers.
He had been targeted by various Democratic Party constituencies, including factions led by his political rival Al Sharpton, and national and local labor unions, who resent his support for passage of the Central American Free Trade Agreement, which passed the House of Representatives by a razor-thin margin. In addition, he has been heavily criticized for taking money from telecom PACs and opposing net neutrality.
He put particular emphasis on arguing in behalf of underserved Brooklyn communities, and has won recognition from several organizations for his efforts. The National Audubon Society has honored him for his efforts in fighting to secure federal funds for the restoration of Prospect Park. Towns fought to have Environmental Protection Agency testing in the aftermath of the September 11 attacks, including neighborhoods outside of the borough of Manhattan.
Towns delayed the investigation into Countrywide Financial's VIP loan program when he was the House oversight panel's chairman by refusing to issue a subpoena for Bank of America records. After The Wall Street Journal reported that public loan documents indicated Towns had received two mortgages from the VIP program, he issued the subpoena and his office denied wrongdoing.
In December 2010, he announced that he would not seek the position of Ranking Minority Member of the Oversight Committee in the next Congress, even though his seniority and service as Chair would typically result in him filling this post. Towns reportedly withdrew due to lack of support from Nancy Pelosi, who reportedly feared Towns would not be a sufficiently aggressive leader in an anticipated struggle with incoming committee chair Darrell Issa (R-CA). Towns's successor is Elijah Cummings, who defeated Carolyn Maloney in a vote of the House Democratic Caucus.
On April 16, 2012, Towns announced he would be retiring at the end of his 15th term. His district had been renumbered as the 8th district in redistricting and had a significant increase of white voters, though it still had a large black majority.