A RetroSearch Logo

Home - News ( United States | United Kingdom | Italy | Germany ) - Football scores

Search Query:

Showing content from https://en.wikipedia.org/wiki/United_States_House_Committee_on_Financial_Services below:

United States House Committee on Financial Services

From Wikipedia, the free encyclopedia

Standing committee of the United States House of Representatives

The United States House Committee on Financial Services, also referred to as the House Banking Committee and previously known as the Committee on Banking and Currency, is the committee of the United States House of Representatives that oversees the entire financial services industry, including the securities, insurance, banking and housing industries. The Financial Services Committee also oversees the work of the Federal Reserve, the United States Department of the Treasury, the U.S. Securities and Exchange Commission and other financial services regulators.

The House Committee on Financial Services is considered to be one of the House's most powerful committees.[1]

It is currently chaired by Republican French Hill from Arkansas, having assumed office in 2025. The Ranking Member is Democrat Maxine Waters from California, who previously chaired the committee under a Democratic majority in the House.

Under the rules of the 113th Congress, the Financial Services Committee's jurisdiction includes:

  1. Banks and banking, including deposit insurance and Federal monetary policy
  2. Economic stabilization, defense production, renegotiation, and control of the price of commodities, rents, and services
  3. Financial aid to commerce and industry (other than transportation)
  4. Insurance generally
  5. International finance
  6. International financial and monetary organizations
  7. Money and credit, including currency and the issuance of notes and redemption thereof; gold and silver, including the coinage thereof; valuation and revaluation of the dollar
  8. Public and private housing
  9. Securities and exchanges
  10. Urban development[2]

The Banking and Currency Committee was created on December 11, 1865, to take over responsibilities previously handled by the Ways and Means Committee. It continued to function under this name until 1968, when it assumed the current name.[3]

Members, 119th Congress[edit] Majority Minority

Resolutions electing members: H.Res. 13 (Chair), H.Res. 14 (Ranking Member), H.Res. 21 (R), H.Res. 22 (D)

Meeting of the House Financial Services Committee

The Financial Services Committee operates with six subcommittees. The jurisdiction over insurance was transferred in 2001 to the then-House Banking and Financial Services Committee from the House Energy and Commerce Committee. Since that time it had been the purview of the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. But "with plans to reform Fannie Mae and Freddie Mac expected to take up much of that panel's agenda, insurance instead [was] moved to a new Subcommittee on Insurance, Housing and Community Opportunity [as of the 112th Congress]."[5] In the 115th Congress, a new subcommittee on Terrorism and Illicit Finance was created, dedicated to disrupting the financing of terrorist organizations.[6]

Current subcommittees[edit] List of ranking members[edit] Historical membership rosters[edit] Majority Minority

Resolutions electing members: H.Res. 14 (Chair), H.Res. 15 (Ranking Member), H.Res. 56 (R), H.Res. 57 (D), H.Res. 71 (amending rank) Subcommittees

Majority Minority

Resolutions electing members: H.Res. 9 (Chair), H.Res. 10 (Ranking Member), H.Res. 62 (D), H.Res. 63 (R), H.Res. 511 (R), H.Res. 1159 (R) Subcommittees

Majority Minority

Sources: H.Res. 7 (Chair), H.Res. 8 (Ranking Member), H.Res. 57 (D), H.Res. 68 (R), H.Res. 596 (R), H.Res. 801 (R)

Subcommittees

Majority Minority Majority Minority

Sources: H.Res. 6 (Chair), H.Res. 7 (Ranking Member), H.Res. 29 (R), H.Res. 45 (D)

Majority Minority Majority Minority

Source: https://financialservices.house.gov/uploadedfiles/113th_congress_membership.pdf

Majority Minority

Source: https://financialservices.house.gov/uploadedfiles/111thmembers.pdf

Majority Minority Majority Minority Majority Minority Majority Minority Majority Minority
  1. ^ Merle, Renae (January 16, 2019). "Alexandria Ocasio-Cortez vs. Wall Street: Lawmaker wins spot on powerful House committee". The Washington Post. Retrieved June 28, 2022.
  2. ^ "Jurisdiction". financialservices.house.gov. Financial Services Committee. Retrieved February 25, 2021. This article incorporates text from this source, which is in the public domain.
  3. ^ "Chapter 5. Records of the Banking and Currency Committees". Guide to the Records of the U.S. House of Representatives at the National Archives, 1789–1989 (Record Group 233). National Archives and Records Administration. Retrieved November 26, 2010.
  4. ^ "Chairman Hill Announces Vice Chair, Subcommittee Chairs, and Other Key Positions of the House Financial Services Committee". January 9, 2025.
  5. ^ Lehmann, R. J. (January 20, 2011). "Insurance gets top billing on new House subcommittee". SNL Financial. Archived from the original on February 25, 2021. Retrieved January 27, 2011.
  6. ^ "Pearce to head committee on terrorism finances". The Arizona Republic. January 9, 2017. Retrieved February 27, 2017.
  7. ^ "Chairman Hill Announces Subcommittee Vice Chairs and Member Assignments of the House Financial Services Committee". financialservices.house.gov. January 14, 2025.
  8. ^ "Ranking Member Maxine Waters Announces Democratic Subcommittee Ranking Members, Subcommittee Membership for House Financial Services Committee". U.S. House Committee on Financial Services Democrats. January 21, 2025. Retrieved February 4, 2025.
  9. ^ "McHenry Announces Financial Services Subcommittee Chairs and Jurisdiction for 118th Congress | Financial Services Committee". financialservices.house.gov. January 12, 2023. Retrieved January 18, 2023.
  10. ^ "Ranking Member Waters Announces Subcommittee Membership for Democratic Caucus on House Financial Services Committee". U.S. House Committee on Financial Services Democrats. February 1, 2023. Retrieved February 2, 2023.
  11. ^ Waters Opening Statement at Committee Organizational Meeting and Markup to Adopt Committee Rules
  12. ^ McHenry Announces Republican Financial Services Subcommittee Assignments

Current

United States congressional committees Senate (list) Standing Other House (list) Standing Other Joint (list) Commission
assignments Joint House Related

RetroSearch is an open source project built by @garambo | Open a GitHub Issue

Search and Browse the WWW like it's 1997 | Search results from DuckDuckGo

HTML: 3.2 | Encoding: UTF-8 | Version: 0.7.4