U.S. House Financial Services Committee
What is the U.S. House Financial Services Committee?
The U.S. House Financial Services Committee is a group of 60 Congressional representatives that make decisions regarding the economy, the banking system, housing, insurance, securities rules and financial markets.
How Does the U.S. House Financial Services Committee Work?
The U.S. House Financial Services Committee also has jurisdiction over the country's monetary policy (i.e., oversight of the Federal Reserve Board), international finance (i.e., the foreign exchange markets), international monetary organizations (i.e., the IMF and World Bank) and laws regarding terrorist financing.
The committee also oversees reserve banks, the U.S. Treasury and the production of currency, as well as the Federal Depository Insurance Corporation (FDIC), the Securities and Exchange Commission (SEC), the NCUA, the Office of the Comptroller of the Currency, HUD, the Federal Housing Finance Agency and the Export-Import Bank.
Why Does the U.S. House Financial Services Committee Matter?
The U.S. House Financial Services Committee is one of the most powerful, influential committees in the U.S. Congress. Not only does it oversee and have jurisdiction over virtually every aspect of the American economy, it has a responsibility to ensure economic stability.
Personalized Financial Plans for an Uncertain Market
In today’s uncertain market, investors are looking for answers to help them grow and protect their savings. So we partnered with Vanguard Advisers -- one of the most trusted names in finance -- to offer you a financial plan built to withstand a variety of market and economic conditions. A Vanguard advisor will craft your customized plan and then manage your savings, giving you more confidence to help you meet your goals. Click here to get started.
