Back United States House Committee on Financial Services German United States House Committee on Financial Services Spanish United States House Committee on Financial Services Finnish United States House Committee on Financial Services SIMPLE
| Standing committee | |
|---|---|
Active United States House of Representatives 119th Congress | |
| History | |
| Formed | December 11, 1865 |
| Leadership | |
| Chair | French Hill (R) Since January 3, 2025 |
| Ranking member | Maxine Waters (D) Since January 3, 2023 |
| Structure | |
| Seats | 52 |
| Political parties | Majority (29)
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| Website | |
| financialservices | |
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| United States House of Representatives |
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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. 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 Patrick McHenry from North Carolina, having assumed office in 2023. He previously served as the committee's Ranking Member. The Ranking Member is Democrat Maxine Waters from California, who previously chaired the committee under a Democratic majority in the House.
- ^ 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.