What is the financial services committee responsible for?

What is the financial services committee responsible for?

The Committee oversees all components of the nation’s housing and financial services sectors including banking, insurance, real estate, public and assisted housing, and securities.

Is Maxine Waters in charge of the House Financial Services Committee?

The House Committee on Financial Services is one of the House’s most powerful committees. It is currently chaired by Democrat Maxine Waters from California. Waters was elected as chair of the committee, and assumed office on January 3, 2019.

What committee does Maxine Waters head?

She chairs the House Financial Services Committee. Before becoming a U.S. representative, Waters served in the California State Assembly, to which she was first elected in 1976.

What is the role of the Budget Committee?

The Committee’s chief responsibility is to draft an annual concurrent resolution on the budget that provides a Congressional framework for spending and revenue levels, the federal surplus or deficit, and public debt.

What committees is Nanette Barragan on?

Committee assignments

• Committee on Homeland Security. Subcommittee on Border and Maritime Security. Subcommittee on Oversight and Management Efficiency.
• Committee on Natural Resources. Subcommittee on Energy and Mineral Resources. Subcommittee on Water, Power and Oceans.

What is the relationship between operating and financial budgets?

The operating budget balances the revenue from expected sources with the expected expenses. Accordingly, both the revenue and the expenses have to be aligned and there must be a surplus profit. The financial budget includes the balance sheet indicating the assets and liabilities at any time during the year.

How does Rules Committee control legislation?

The House Rules Committee considers all bills reported from policy and fiscal committees and determines whether, and in what order, to schedule their consideration on the floor of the House. The Rules Committee also reviews, adopts and schedules consideration of floor resolutions.

What happens in the committee of the whole?

The purpose of a committee of the whole is to relax the usual limits on debate, allowing a more open exchange of views without the urgency of a final vote. Debates in a committee of the whole may be recorded but are often excluded from the assembly’s minutes.