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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]
The U.S. House Financial Services Subcommittee on Capital Markets is a subcommittee of the House Committee on Financial Services. It was previously known as the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets.
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.
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