Key U.S. House of Representatives and Senate committees are beginning to take shape as the 118th Congress gets underway.
The House Financial Services Committee (HFSC) released on January 15 an updated list of members appointed to serve on the committee. The HFSC oversees all components of the nation’s housing and financial services sectors, including banking, insurance, real estate, public and assisted housing, and securities. Committee members are charged with reviewing laws and programs related to HUD, the Federal Reserve Bank, the Federal Deposit Insurance Corporation, government-sponsored enterprises like Fannie Mae and Freddie Mac, and other finance agencies.
The members of the HFSC for the 118th Congress will be:
- Patrick McHenry (R-NC), Chair
- Maxing Waters (D-CA), Ranking Member
- Frank Lucas (R-OK)
- Bill Posey (R-FL)
- Blaine Luetkemeyer (R-MO)
- Bill Huizenga (R-MI)
- Ann Wagner (R-MO)
- Andy Barr (R-KY)
- Roger Williams (R-TX)
- French Hill (R-AR)
- Tom Emmer (R-MN)
- Barry Loudermilk (R-GA)
- Alexander Mooney (R-WV)
- Warren Davidson (R-OH)
- John Rose (R-TN)
- Bryan Steil (R-WI)
- Lance Gooden (R-TX)
- William Timmons (R-SC)
- Ralph Norman (R-SC)
- Dan Meuser (R-PA)
- Scott Fitzgerald (R-WI)
- Andrew Garbarino (R-NY)
- Young Kim (R-CA)
- Byron Donalds (R-FL)
- Mike Flood (R-NE)
- Zach Nunn (R-IA)
- Monica De La Cruz (R-TX)
- Erin Houchin (R-IN)
- Andy Ogles (R-TN)
- Nydia Velázquez (D-NY)
- Brad Sherman (D-CA)
- Gregory Meeks (D-NY)
- Stephen Lunch (D-MA)
- Al Green (D-TX)
- Emanuel Cleaver (D-MO)
- Jim Himes (D-CT)
- Bill Foster (D-IL)
- Joyce Beatty (D-OH)
- Juan Vargas (D-CA)
- Josh Gottheimer (D-NJ)
- Vincente Gonzalez (D-TX)
- Sean Casten (D-IL)
- Ayanna Pressley (D-MA)
- Ritchie Torres (D-NY)
- Steven Horsford (D-NV)
- Rashida Tlaib (D-MI)
- Sylvia Garcia (D-TX)
- Nikema Williams (D-GA)
- Wiley Nickel (D-NC)
- Brittany Pettersen (D-CO)
The HFSC’s Subcommittee on Housing, Community Development, and Insurance oversees HUD and the Government National Mortgage Association (Ginnie Mae), as well as matters related to housing affordability, rural housing, community development, and government-sponsored insurance programs. Subcommittee assignments have not yet been released.
In addition, Senate Majority Leader Chuck Schumer (D-NY) released Democratic committee assignments.
The Senate Banking, Housing, and Urban Affairs Committee (often referred to as the Senate Banking Committee) oversees legislation, petitions, and other matters related to financial institutions, economic policy, housing, transportation, urban development, international trade and finance, and securities and investments. Democratic members of the committee include:
- Sherrod Brown (D-OH), Chair
- Jack Reed (D-RI)
- Bob Menendez (D-NJ)
- Jon Tester (D-MT)
- Mark Warner (D-VA)
- Elizabeth Warren (D-MA)
- Chris Van Hollen (D-MD)
- Catherine Cortez Masto (D-NV)
- Tina Smith (D-MN)
- Krysten Sinema (I-AZ)
- Raphael Warnock (D-GA)
- John Fetterman (D-PA)
The Senate Appropriations Committee is responsible for determine the amount of funding made available to all authorized programs each year. Democratic members of the committee include:
- Patty Murray (D-WA), Chair
- Dianne Feinstein (D-CA)
- Dick Durban (D-IL)
- Jack Reed (D-RI)
- Jon Tester (D-MT)
- Jeanne Shaheen (D-NH)
- Jeff Merkley (D-OR)
- Chris Coons (D-DE)
- Brian Schatz (D-HI)
- Tammy Baldwin (D-WI)
- Chris Murphy (D-CT)
- Joe Manchin (D-WV)
- Chris Van Hollen (D-MD)
- Martin Heinrich (D-NM)
- Gary Peters (D-MI)
The Senate Finance Committee oversees matters related to taxation and other general revenue measures, including the Low-Income Housing Tax Credit (LIHTC). Democratic members of the committee include:
- Ron Wyden (D-OR), Chair
- Debbie Stabenow (D-MI)
- Maria Cantwell (D-WA)
- Bob Menendez (D-NJ)
- Tom Carper (D-DE)
- Ben Cardin (D-MD)
- Sherrod Brown (D-OH)
- Michael Bennet (D-CO)
- Bob Casey (D-PA)
- Mark Warner (D-VA)
- Sheldon Whitehouse (D-RI)
- Maggie Hassan (D-NH)
- Catherine Cortez Masto (D-NV)
- Elizabeth Warren (D-MA)
Republican committee assignments in the Senate, and members of other key housing committees in the House, have not yet been released. NLIHC will continue to monitor Hill activity and provide updated committee information as it becomes available.