US/House/Committee/Financial Services
 US/House/Committee/Financial Services  (Standing committee, US/House/Committee)   | |
|---|---|
| Formation | December 11, 1865 |
| Leader | US/House/Committee on Financial Services/Chair |
| Subpage | •US/House/Committee/Financial Services/Chair |
| Banks and financial institutions are normally very generous with their campaign contributions to committee members. | |
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 one of the House's most influential committees.
The committee has long been considered a "big money" panel, with jurisdiction over commercial banks and savings and loans that traditionally have been very generous with their campaign contributions to committee members. That trend has continued with the addition of two cash-rich industries to the committee's portfolio: insurance and securities.[1]
