A U.S. senator from Texas has been elected to serve as the second highest-ranking Republican in the Senate.

Senate Republicans Wednesday elected Senator John Cornyn to serve as minority whip for the 113th Congress.

Cornyn responded, saying “I’m honored to have been chosen by my colleagues to help lead our caucus during such a critical time for this country. Core Texas values like hard work, limited government, and individual liberty will continue to guide me in this new role. I look forward to working with the Conference to tackle the major hurdles before us, beginning with the looming fiscal cliff.”

Others commented on Cornyn’s new position as well. “This will be good for our economy and our business community because Senator Cornyn knows what kind of policies will make our economy stronger and our businesses thrive,” said Texas Association of Business President and CEO Bill Hammond. “Senator Cornyn agrees with TAB that limited government and letting the free market work is what will make our economy strong, and he can better advocate for that policy from his new leadership position.

Texas Governor Rick Perry also weighed in, saying “Now he has the opportunity to bring his solid Texas values to the leadership table and work to lead our federal government away from its failed policies of debt, high spending, and disregard for the Constitutional limit of federal power.”