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Rep. Ed Royce, R-California, who was frequently outspoken on housing finance issues throughout his time on the House Financial Services Committee, announced Monday that he is retiring from Congress.

In addition to serving as a senior member of the House Financial Services Subcommittee on Financial Institutions and Consumer Credit, Royce also sits on the House Financial Services Subcommittee on Housing and Insurance.

Royce also currently serves as chairman of the House Foreign Affairs Committee.

In a statement posted Monday to the House Foreign Affairs Committee website, Royce said that he will not seek re-election in November.

“It’s truly an honor to represent the people of California’s 39th Congressional District. Every day, it’s my mission to fight for freedom, opportunity and a limited government,” Royce said in a statement.

“In recent years, we’ve made a real difference. From Sacramento to Washington, we’ve enacted critical reforms to combat the modern day slavery of human trafficking. We’ve achieved commonsense tax and regulatory reforms to…