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

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Committees of the U.S. Congress

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U.S. House Committees
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Background
United States CongressUnited States SenateUnited States House of RepresentativesUnited States Constitution113th United States Congress112th United States Congress
The United States Senate Committee on Banking, Housing, and Urban Affairs is a standing committee of the U.S. Senate. It was created in an earlier form in 1913. The inaugural committee was chaired by Robert L. Owen.[1]

Leadership

114th Congress

The committee chairman in the 114th Congress is Richard Shelby (R).

113th Congress

Tim Johnson (D) retained his role as committee chair in the 113th Congress.[2]

112th Congress

The committee chair in the 112th Congress was Tim Johnson (D).

Membership

2015-2016 (114th Congress)

Committee on Banking, Housing, and Urban Affairs Members, 2015-2016
Democratic members (10)Republican members (12)
Sherrod Brown (Ohio) Ranking MemberRichard Shelby (Alabama) Chairman
Jack Reed (Rhode Island) Mike Crapo (Idaho)
Charles E. Schumer (New York) Bob Corker (Tennessee)
Robert Menendez (New Jersey) David Vitter (Louisiana)
Jon Tester (Montana) Pat Toomey (Pennsylvania)
Mark Warner (Virginia) Mark Steven Kirk (Illinois)
Jeff Merkley (Oregon) Dean Heller (Nevada)
Elizabeth Warren (Massachusetts) Tim Scott (South Carolina)
Heidi Heitkamp (North Dakota) Ben Sasse (Nebraska)
Joe Donnelly (Indiana) Tom Cotton (Arkansas)
Mike Rounds (South Dakota)
Jerry Moran (Kansas)

2013-2014 (113th Congress)

2011-2012 (112th Congress)

Committee legislation

The below chart from Find The Best tracks the legislation coming out of each committee.


Source: This graphic was generated by Find The Best.

Subcommittees

Economic Policy

Subcommittee on Economic Policy Members, 2015-2016
Democratic members (4)Republican members (6)
Elizabeth Warren Ranking MemberDean Heller Chairman
Jon Tester Pat Toomey
Jeff Merkley Tom Cotton
Heidi Heitkamp Mike Rounds
Ben Sasse
Jerry Moran

Jurisdiction: Economic growth, employment and price stability, Monetary policy, including monetary policy functions of the Federal Reserve System, Financial Stability Oversight Counsel, Office of Financial Research, Council of Economic Advisors, Money and credit, including currency, coinage and notes, Control of prices of commodities, rents and services, Economic stabilization, Financial aid to commerce and industry, Loan guarantees, Flood insurance, Disaster assistance, Small Business Lending[3]

Housing, Transportation, and Community Development

Subcommittee on Housing, Transportation and Community Development Members, 2015-2016
Democratic members (7)Republican members (8)
Robert Menendez Ranking MemberTim Scott Chairman
Jack Reed Mike Crapo
Charles Schumer Dean Heller
Jon Tester Jerry Moran
Jeff Merkley Bob Corker
Heidi Heitkamp Tom Cotton
Joe Donnelly Mike Rounds
David Vitter

Jurisdiction: Urban mass transit, urban affairs and development, Federal Transit Administration, HUD, Affordable Housing, Foreclosure Mitigation, Mortgage Servicing, HAMP, FHA, Senior Housing, Nursing home construction, Rural Housing Service, Indian Housing[3]

Financial Institutions and Consumer Protection

Subcommittee on Financial Institutions and Consumer Protection Members, 2015-2016
Democratic members (7)Republican members (8)
Jeff Merkley Ranking MemberPatrick Toomey Chairman
Jack Reed Mike Crapo
Charles Schumer Dean Heller
Robert Menendez Mike Rounds
Mark Warner Tim Scott
Elizabeth Warren Bob Corker
Joe Donnelly David Vitter
Mark Kirk

Jurisdiction: Banks, savings associations, credit unions, and other financial institutions, Deposit Insurance, Federal Home Loan Bank System, Regulatory activities of the Federal Reserve System, OCC, OTC, FDIC, NCUA, E-commerce, Consumer Financial Protection Bureau[3]

National Security and International Trade and Finance

Subcommittee on National Security and International Trade and Finance Members, 2015-2016
Democratic members (2)Republican members (3)
Heidi Heitkamp Ranking MemberMark Kirk Chairman
Mark Warner Tom Cotton
Ben Sasse

Jurisdiction: Export and foreign trade promotion, Export controls, Export financing, International economic policy, International financial, and development institutions, Export-Import Bank, International Trade Administration, Bureau of Export Administration, Defense Production Act[3]

Securities, Insurance, and Investment

Subcommittee on Securities, Insurance and Investment Members, 2015-2016
Democratic members (7)Republican members (8)
Mark Warner Ranking MemberMike Crapo Chairman
Jack Reed Bob Corker
Charles Schumer David Vitter
Robert Menendez Patrick Toomey
Jon Tester Mark Kirk
Elizabeth Warren Tim Scott
Joe Donnelly Ben Sasse
Jerry Moran

Jurisdiction: Securities, annuities, and other financial investments, SEC: SIPC: CFTC (single stock futures and other financial instruments within CFTC jurisdiction), Government securities, Fannie Mae; Freddie Mac, Financial exchanges and markets, Financial derivatives, Accounting standards, Insurance[3]

Jurisdiction

According to the official Senate website, the jurisdiction of the Banking, Housing, and Urban Affairs Committee includes the following:

  1. Banks, banking, and financial institutions.
  2. Control of prices of commodities, rents and services.
  3. Deposit insurance.
  4. Economic stabilization and defense production.
  5. Export and foreign trade promotion.
  6. Export controls.
  7. Federal monetary policy, including the Federal Reserve System.
  8. Financial aid to commerce and industry.
  9. Issuance and redemption of notes.
  10. Money and credit, including currency and coinage.
  11. Nursing home construction.
  12. Public and private housing (including veterans housing).
  13. Renegotiation of Government contracts.
  14. Urban development and urban mass transit.
  15. study and review on a comprehensive basis, matters relating to international economic policy as it affects United States monetary affairs, credit, and financial institutions; economic growth, urban affairs, and credit, and report thereon from time to time.

Contact

534 Dirksen Senate Office Building
Washington, DC 20510

Phone: (202) 224-7391
Fax: (202) 224-5137

See also

External links

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References