United States House Committee on Financial Services

The United States House Committee on Financial Services (or House Banking Committee) oversees the entire financial services industry, including the securities, insurance, banking, and housing industries. The 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. It is chaired by Barney Frank (D-MA) and the ranking Republican is Spencer Bachus (R-AL).

History

The committee was once known as the Committee on Banking and Currency. The Banking and Currency Committee was created in 1865 to take over responsibilities previously handled by the Ways and Means Committee. It continued to function under this name until 1968, when it assumed the current name.

Members, 110th Congress

Majority

Minority

Barney Frank, Chairman, Massachusetts Paul E. Kanjorski, Pennsylvania Maxine Waters, California Carolyn B. Maloney, New York Luis Gutierrez, Illinois Nydia Velázquez, New York Mel Watt, North Carolina Gary Ackerman, New York Brad Sherman, California Gregory W. Meeks, New York Dennis Moore, Kansas Michael Capuano, Massachusetts Ruben Hinojosa, Texas William Clay, Jr., Missouri Carolyn McCarthy, New York Joe Baca, California Stephen Lynch, Massachusetts Brad Miller, North Carolina David Scott, Georgia Al Green, Texas Emanuel Cleaver, Missouri Melissa Bean, Illinois Gwen Moore, Wisconsin Lincoln Davis, Tennessee Paul Hodes, New Hampshire Keith Ellison, Minnesota Ron Klein, Florida Tim Mahoney, Florida Charlie Wilson, Ohio Ed Perlmutter, Colorado Chris Murphy, Connecticut Joe Donnelly, Indiana Bill Foster, Illinois André Carson, Indiana Jackie Speier, California Don Cazayoux, Louisiana Travis Childers, Mississippi

Spencer Bachus, Ranking Member, Alabama Deborah D. Pryce, Ohio Michael N. Castle, Delaware Peter T. King, New York Edward R. Royce, California Frank Lucas, Oklahoma Ron Paul, Texas Steve LaTourette, Ohio Donald Manzullo, Illinois Walter B. Jones, North Carolina Judy Biggert, Illinois Christopher Shays, Connecticut Gary Miller, California Shelley Capito, West Virginia Tom Feeney, Florida Jeb Hensarling, Texas Scott Garrett, New Jersey Ginny Brown-Waite, Florida James Barrett, South Carolina Jim Gerlach, Pennsylvania Steve Pearce, New Mexico Randy Neugebauer, Texas Tom Price, Georgia Geoff Davis, Kentucky Patrick McHenry, North Carolina John Campbell, California Adam Putnam, Florida Michele Bachmann, Minnesota Peter Roskam, Illinois Kenny Marchant, Texas Thad McCotter, Michigan Kevin McCarthy, California Dean Heller, Nevada

Chairmen

Committee on Banking and Currency

• 1920 – 1931 - Louis T. McFadden
• 1963 – 1975 - Wright Patman

Subcommittees

Subcommittee	Chair	Ranking Member
Capital Markets, Insurance, and Government-Sponsored Enterprises	Paul Kanjorski (D-PA)	Deborah Pryce (R-OH)
Financial Institutions and Consumer Credit	Carolyn Maloney (D-NY)	Judy Biggert (R-IL)
Housing and Community Opportunity	Maxine Waters (D-CA)	Shelley Moore Capito (R-WV)
Domestic and International Monetary Policy, Trade, and Technology	Luis Gutierrez (D-IL)	Ron Paul (R-TX)
Oversight and Investigations	Mel Watt (D-NC)	Gary Miller (R-CA)

See also

• United States Senate Committee on Banking, Housing, and Urban Affairs

External links

• House Committee on Financial Services Homepage

References