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United States Congress • United States Senate • United States House of Representatives • United States Constitution • 113th United States Congress • 112th United States Congress
The United States House of Representatives Committee on Finance
is a standing committee of the U.S. Senate
. It was created during the 14th Congress between 1815 and 1817.
Max Baucus (D) retained his committee chair in the 113th Congress.
In December 2013, it was announced that Ron Wyden (D), who was expected to take over as the chairman of the committee in 2015, could take over sooner, with the appointment of Max Baucus as U.S. Ambassador to China.
"The Senate Finance Committee has many important responsibilities which include promoting job creation, ensuring competitiveness and stabilizing the nation's fiscal health," Wyden said in a statement. "I also look forward to continuing my work on preserving the Medicare guarantee and protecting retirement security, updating the nation's tax system with a focus on growth, fairness and efficiency and ensuring that fiscal policy supports keeping jobs here in America."
The committee chair in the 112th Congress is Max Baucus (D).
2013-2014 (113th Congress)
2011-2012 (112th Congress)
Taxation and IRS Oversight
Energy, Natural Resources, and Infrastructure
International Trade, Customs, and Global Competitiveness
Social Security, Pensions, and Family Policy
Fiscal Responsibility and Economic Growth
According to the official Senate website, the jurisdiction of the Finance Committee includes the following:
- 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
- reciprocal trade agreements
- tariff and import quotas, and related matters thereto
- the transportation of dutiable goods
- deposit of public moneys
- general revenue sharing
- health programs under the Social Security Act, including Medicare, Medicaid, the Children's Health Insurance Program (CHIP), Temporary Assistance to Needy Families (TANF) and other health and human services programs financed by a specific tax or trust fund
- national social security
Committee on Finance
United States Senate
219 Dirksen Senate Office Building
Washington, DC 20510-6175