- United States Senate Committee on Banking, Housing, and Urban Affairs
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The United States Senate Committee on Banking, Housing, and Urban Affairs (formerly the Committee on Banking and Currency) has jurisdiction over matters related to: banks and banking, price controls, deposit insurance, export promotion and controls, federal monetary policy, financial aid to commerce and industry, issuance of redemption of notes, currency and coinage, public and private housing, urban development and mass transit, and government contracts.
Contents
History
The Committee is one of twenty standing committees in the United States Senate. The Committee was formally established as the "Committee on Banking and Currency" in 1913, when Senator Robert L. Owen of Oklahoma sponsored the Federal Reserve Act. Senator Owen served as the Committee's inaugural Chairman.
Members, 112th Congress
The Committee is chaired by Democrat Tim Johnson of South Dakota, and the Ranking Member is Republican Richard Shelby of Alabama.
Majority Minority - Tim Johnson, South Dakota, Chairman
- Jack Reed, Rhode Island
- Chuck Schumer, New York
- Bob Menendez, New Jersey
- Daniel Akaka, Hawaii
- Sherrod Brown, Ohio
- Jon Tester, Montana
- Herb Kohl, Wisconsin
- Mark Warner, Virginia
- Jeff Merkley, Oregon
- Michael Bennet, Colorado
- Kay Hagan, North Carolina
- Richard Shelby, Alabama, Ranking Member
- Mike Crapo, Idaho
- Bob Corker, Tennessee
- Jim DeMint, South Carolina
- David Vitter, Louisiana
- Mike Johanns, Nebraska
- Pat Toomey, Pennsylvania
- Mark Kirk, Illinois
- Jerry Moran, Kansas
- Roger Wicker, Mississippi
Source: 2011 Congressional Record, Vol. 157, Page S557
Subcommittees
Subcommittee Chair Ranking Member Economic Policy Jon Tester (D-MT) David Vitter (R-LA) Financial Institutions and Consumer Protection Sherrod Brown (D-OH) Bob Corker (R-TN) Housing, Transportation, and Community Development Robert Menendez (D-NJ) Jim DeMint (R-SC) Securities, Insurance, and Investment Jack Reed (D-RI) Mike Crapo (R-ID) Security and International Trade and Finance Mark Warner (D-VA) Mike Johanns (R-NE) Chairmen
Committee on Banking and Currency, 1913–1970
Chairman Party State Years Robert L. Owen Democratic Oklahoma 1913–1919 George P. McLean Republican Connecticut 1919 - 1927 Peter Norbeck Republican South Dakota 1927 - 1933 Duncan U. Fletcher Democratic Florida 1933–1936 Robert F. Wagner Democratic New York 1936–1947 Charles W. Tobey Republican New Hampshire 1947 - 1949 Burnet R. Maybank Democratic South Carolina 1949–1953 Homer Capehart Republican Indiana 1953 - 1955 J. William Fulbright Democratic Arkansas 1955–1959 A. Willis Robertson Democratic Virginia 1959–1966 John J. Sparkman Democratic Alabama 1966–1970 Committee on Banking, Housing, and Urban Affairs, 1970-Present
Chairman Party State Years John J. Sparkman Democratic Alabama 1970–1975 William Proxmire Democratic Wisconsin 1975–1981 Jake Garn Republican Utah 1981–1987 William Proxmire Democratic Wisconsin 1987–1989 Donald Riegle Democratic Michigan 1989–1995 Alfonse D'Amato Republican New York 1995–1999 Phil Gramm Republican Texas 1999–2001 Paul Sarbanes Democratic Maryland 2001 Phil Gramm Republican Texas 2001 Paul Sarbanes Democratic Maryland 2001–2003 Richard Shelby Republican Alabama 2003–2007 Christopher J. Dodd Democratic Connecticut 2007–2011 Tim Johnson Democratic South Dakota 2011- References
External links
- U.S. Senate Committee on Banking, Housing, and Urban Affairs
- Senate Banking, Housing, and Urban Affairs Committee member profiles at WhoRunsGov at The Washington Post
See also
- United States House Committee on Financial Services
- Pecora Commission, the commission established to investigate the causes of the Wall Street Crash of 1929
Chairmen of the United States Senate Committee on Banking, Housing and Urban Affairs Committee on Banking and Currency
1913-1970Committee on Banking, Housing, and Urban Affairs
1970-Pres.Categories:- Committees of the United States Senate
- United States Congress stubs
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