U.S. House Financial Services Committee,
Definition of U.S. House Financial Services Committee:
The U.S. House Financial Services Committee is the congressional committee responsible for monitoring and writing legislation for the financial services and housing-related industries in the United States. All committee members are elected members of the U.S. House of Representatives.
Members of the committee oversee the government’s financial aid to industry and commerce, international finance, the insurance industry, securities and exchanges, urban development, and more.
A branch of Congress which oversees financial activity in the trading markets and U.S. economy. It is responsible for oversight of the Securities and Exchange Commission (SEC), U.S. Treasury Department, Federal Reserve Banks and financial regulatory bodies.
Meaning of U.S. House Financial Services Committee & U.S. House Financial Services Committee Definition