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House Financial Services Committee adopts rules, forms monetary policy task force and approves oversight plan
Summary
The House Financial Services Committee on its first meeting of the 119th Congress adopted committee rules, appointed subcommittee members and authorized a task force on monetary policy and treasury market resilience. Members also approved the committeeauthorization and oversight plan that will guide work for the next two years.
The House Financial Services Committee on Jan. 9 convened its first meeting of the 119th Congress, approved committee rules, named members to subcommittees and authorized a new task force on monetary policy, treasury market resilience and economic prosperity.
The committee, chaired by Representative French Hill, approved a rules resolution that incorporates the new House rule authorizing electronic voting into committee practice but notes that electronic voting will not be used before the committeerules are finalized and chairs of the House Administration and Rules Committees publish implementing guidance. The panel also adopted an authorization and oversight plan outlining the committeepriorities and powers for the session.
The resolution creating the Monetary Policy, Treasury Market Resilience and Economic…
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