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Members of the Committee on Financial Services sit in the tiers of raised chairs (R), while those testifying and audience members sit below (L). There are two main types of congressional committees in the United States House of Representatives, standing committees and select committees. Committee chairs are selected by whichever party is in the ...
United States House Appropriations Subcommittee on Military Construction, Veterans Affairs, and Related Agencies; United States House Appropriations Subcommittee on Agriculture, Rural Development, Food and Drug Administration, and Related Agencies; United States House Appropriations Subcommittee on Defense
House rules are silent on how members are assigned to subcommittees, as this practice is traditionally governed by party rules and practices. [2]House Rule X generally restricts members of Congress to service on no more than two standing committees and no more than four subcommittees within each of those committees, with some exceptions.
The House Committee on Financial Services is considered to be one of the House's most powerful committees. [1] It is currently chaired by Republican Patrick McHenry from North Carolina, having assumed office in 2023. He previously served as the committee's Ranking Member.
After Republicans gained control of the House in the 1994 elections, the committee was reorganized to include seven subcommittees instead of 14. This reorganization consolidated the jurisdiction previously covered by three full committees and resulted in a 50 percent cut in staff. [ 18 ]
The United States House Committee on Appropriations has joint jurisdiction with the United States Senate Committee on Appropriations over all appropriations bills in the United States Congress. [1] Each committee has 12 matching subcommittees, each of which is tasked with working on one of the twelve annual regular appropriations bills.
To manage the wide variety of issues it encounters, the committee relies on the front-line work of six subcommittees, one more than during the 111th Congress. During the 111th Congress, Chairman Henry Waxman combined the traditionally separate energy and environment subcommittees into a single subcommittee. [5]
While these four original committees retained their separate identities, they were reduced to subcommittees. Additional subcommittees were formed for issues on Beach Erosion, 80th Congress (1947–1948) and for Watershed Development, 86th–90th congresses (1959–1968).