What is the House Banking Committee?
Q: What is the House Banking Committee?
A: The House Banking Committee 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.
Q: What does the Financial Services Committee oversee?
A: The Financial Services Committee 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.
Q: Who is responsible for overseeing all aspects of financial services in America?
A: The United States House Committee on Financial Services is responsible for overseeing all aspects of financial services in America.
Q: What industries are overseen by this committee?
A: This committee oversees the securities, insurance, banking and housing industries.
Q: Does this committee have any authority over state-level regulations?
A: No, this committee only has authority over federal-level regulations related to financial services.
Q: What organizations does this committee regulate?
A: This committee regulates organizations such as The Federal Reserve, The United States Department of Treasury, and The U.S. Securities and Exchange Commission among others.
