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The United States Senate Committee on Finance (or, less formally, Senate Finance Committee) is a standing committee of the United States Senate.The committee concerns itself with matters relating to taxation and other revenue measures generally, and those relating to the insular possessions; bonded debt of the United States; customs, collection districts, and ports of entry and delivery ...
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 Senate Finance Subcommittee on Fiscal Responsibility and Economic Growth is one of the six subcommittees within the Senate Committee on Finance, having been created on February 16, 2011, during the 111th Congress. [1] [2]
A ways and means committee of the United States Congress. A ways and means committee is a government body that is charged with reviewing and making recommendations for government budgets. Because the raising of revenue is vital to carrying out governmental operations, such a committee is tasked with finding the ways and means with which to ...
The United States House Committee on the Budget, commonly known as the House Budget Committee, is a standing committee of the United States House of Representatives.Its responsibilities include legislative oversight of the federal budget process, reviewing all bills and resolutions on the budget, and monitoring agencies and programs funded outside of the budgetary process.
The Budget Committee should not be confused with the Finance Committee and the Appropriations Committee, both of which have different jurisdictions: The Finance Committee is analogous to the Ways and Means Committee in the House of Representatives; it has legislative jurisdiction in the areas of taxes, Social Security, Medicare, Medicaid and some other entitlements.
Three of those committees, the Finance, Foreign Relations and the Judiciary Committees exist largely unchanged today, while the duties of the others have evolved into successor committees. With the advent of this new system, committees are able to handle long-term studies and investigations, in addition to regular legislative duties.
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 ...