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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.
Members of the Committee on Financial Services sit in the tiers of raised chairs (R), while those testifying and audience members sit below (L). There are two main types of congressional committees in the United States House of Representatives, standing committees and select committees. Committee chairs are selected by whichever party is in the ...
At age 29, McHenry was the youngest member of the 109th United States Congress; 27-year-old Aaron Schock of Illinois took office in the 111th United States Congress in January 2009. [needs update] He is a deputy whip and vice chair of finance for the National Republican Congressional Committee's executive committee. [11]
The flow of cash to the committee jumped in 2018 as the industry looked to rebuild bipartisan support it had enjoyed before the 2007-2009 financial crisis. Related: Alexandria Ocasio-Cortez on ...
The United States House Financial Services Subcommittee on Financial Institutions and Monetary Policy is a subcommittee of the House Committee on Financial Services. Jurisdiction over domestic monetary policy was transferred to it at the start of the 118th Congress, before which the subcommittee was known as the Subcommittee on Consumer ...
FDIC Chairman Martin Gruenberg said in prepared testimony submitted to the House of Representatives Financial Services Committee that addressing workplace problems is his "top priority." "I love ...
The Housing, Community Development and Insurance subcommittee oversees the U.S. Department of Housing and Urban Development and Ginnie Mae. The subcommittee also handles matters related to public, affordable, and rural housing, as well as community development including Empowerment Zones, and government-sponsored insurance programs, such as the ...
Jurisdiction. The Subcommittee conducts oversight of the agencies, departments, and programs under the Committee's jurisdiction. The Subcommittee also conducts investigations on any matter within the jurisdiction of the Committee, and evaluates the need for any legislative changes to the laws and programs within this jurisdiction.