[Congressional Record Volume 171, Number 14 (Thursday, January 23, 2025)]
[House]
[Pages H368-H372]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PUBLICATION OF COMMITTEE RULES
rules of the committee on financial services for the 119th congress
House of Representatives,
Committee on Financial Services,
Washington, DC, January 23, 2025.
Hon. Mike Johnson,
Speaker of the House,
Washington, DC.
Dear Mr. Speaker: Please find attached a copy of the Rules
of the Committee on Financial Services for the 119th Congress
for submission into the Congressional Record. Pursuant to
clause 2 of Rule XI of the House of Representatives, the
Committee adopted the rules of the Committee on January 22,
2025.
Sincerely,
French Hill,
Chairman.
rule 1 general provisions
(a) The rules of the House are the rules of the Committee
on Financial Services (hereinafter in these rules referred to
as the ``Committee'') and its subcommittees so far as
applicable, except that a motion to recess from day to day,
and a motion to dispense with the first reading (in full) of
a bill or resolution, if printed copies are available, are
privileged motions in the Committee and shall be considered
without debate. A proposed investigative or oversight report
shall be considered as read if it has been available to the
members of the Committee for at least 24 hours (excluding
Saturdays, Sundays, or legal holidays except when the House
is in session on such day).
(b) Each subcommittee is a part of the Committee and is
subject to the authority and direction of the Committee and
to its rules so far as applicable.
(c) The provisions of clause 2 of rule XI of the Rules of
the House are incorporated by reference as the rules of the
Committee to the extent applicable.
rule 2 meetings
Calling of Meetings
(a)(1) The Committee shall regularly meet on the first
Tuesday of each month when the House is in session.
(2) A regular meeting of the Committee may be dispensed
with if, in the judgment of the Chair of the Committee, there
is no need for the meeting.
(3) Additional regular meetings and hearings of the
Committee may be called by the Chair in accordance with
clause 2(g)(3) of rule XI of the Rules of the House.
(4) Special meetings shall be called and convened by the
Chair as provided in clause 2(c)(2) of rule XI of the Rules
of the House.
Notice for Meetings
(b)(1) The Chair shall notify each member of the Committee
of the agenda of each regular meeting of the Committee at
least three calendar days (excluding Saturdays, Sundays, and
legal holidays except when the House is in session on any
such day) before the time of the meeting.
(2) The Chair shall provide to each member of the Committee
at least three calendar days (excluding Saturdays, Sundays,
and legal holidays except when the House is in session on any
such day) before the time of each regular meeting for each
measure or matter on the agenda a copy of--
(A) the measure or materials relating to the matter in
question; and
(B) an explanation of the measure or matter to be
considered, which in the case of an explanation of a bill,
resolution, or similar measure, shall include a summary of
the major provisions of the legislation, an explanation of
the relationship of the measure to present law, and a summary
of the need for the legislation.
(3) At least 24 hours prior to the commencement of a
meeting for the markup of legislation, the Chair shall cause
the text of such legislation to be made publicly available in
electronic form.
(4) The provisions of this subsection may be waived by a
two-thirds vote of the Committee or by the Chair with the
concurrence of the ranking minority member.
rule 3 meeting and hearing procedures
In General
(a)(1) Meetings and hearings of the Committee shall be
called to order and presided over by the Chair or, in the
Chair's absence, by a member designated by the Chair to carry
out such duties.
(2) Meetings and hearings of the committee shall be open to
the public unless closed in accordance with clause 2(g) of
rule XI of the Rules of the House.
(3) Any meeting or hearing of the Committee that is open to
the public shall be open to coverage by television broadcast,
radio broadcast, and still photography in accordance with the
provisions of clause 4 of rule XI of the Rules of the House
(which are incorporated by reference as part of these rules).
Operation and use of any Committee operated broadcast system
shall be fair and nonpartisan and in accordance with clause
4(b) of rule XI and all other applicable rules of the
Committee and the House.
(4) To the extent feasible, members and witnesses may use
the Committee equipment for the purpose of presenting static
exhibits electronically during a meeting or hearing, provided
the information is transmitted to the appropriate Committee
staff in an appropriate electronic format at least one
business day before the meeting or hearing so as to ensure
display capacity and quality. The content of all materials
must relate to the pending business of the Committee and
conform to the rules of the House. The confidentiality of the
material will be maintained by the technical staff until its
official presentation to the Committee members. For the
purposes of maintaining the official records of the
Committee, printed copies of exhibits presented, to the
extent practicable, must accompany the presentations.
(5) No person, other than a Member of Congress, Committee
staff, or an employee of a
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Member when that Member has an amendment under consideration,
may stand in or be seated at the rostrum area of the
Committee rooms unless the Chair determines otherwise.
Quorum
(b)(1) For the purpose of taking testimony and receiving
evidence, two members of the Committee shall constitute a
quorum.
(2) A majority of the members of the Committee shall
constitute a quorum for the purposes of reporting any measure
or matter, of authorizing a subpoena (other than a subpoena
authorized and issued by the Chair pursuant to subsection
(e)(1)), of closing a meeting or hearing pursuant to clause
2(g) of rule XI of the Rules of the House (except as provided
in clause 2(g)(2)(A) and (B)) or of releasing executive
session material pursuant to clause 2(k)(7) of rule XI of the
Rules of the House.
(3) For the purpose of taking any action other than those
specified in paragraph (2) one-third of the members of the
Committee shall constitute a quorum.
Voting
(c)(1) No vote may be conducted on any measure or matter
pending before the Committee unless the requisite number of
members of the Committee is actually present for such
purpose.
(2) A record vote of the Committee shall be provided on any
question before the Committee upon the request of one-fifth
of the members present.
(3) No vote by any member of the Committee on any measure
or matter may be cast by proxy.
(4) In addition to any other requirement of these rules or
the Rules of the House, including clause 2(e)(1)(B) of rule
XI, the Chair shall make the record of the votes on any
question on which a record vote is demanded publicly
available in electronic form on the Committee's website not
later than 24 hours after such vote is taken. Such record
shall include in electronic form the text of the amendment,
motion, order, or other proposition, the name of each member
voting for and each member voting against such amendment,
motion, order, or proposition, and the names of those members
of the Committee present but not voting. With respect to any
record vote on any motion to report or record vote on any
amendment, a record of such votes shall be included in the
report of the Committee showing the total number of votes
cast for and against and the names of those members of the
committee present but not voting.
(5) POSTPONED RECORD VOTES.--(A) Subject to subparagraph
(B), the Chair may postpone further proceedings when a record
vote is ordered on the question of approving any measure or
matter or adopting an amendment. The Chair may resume
proceedings on a postponed request at any time, but no later
than the next meeting day.
(B) In exercising postponement authority under subparagraph
(A), the Chair shall take all reasonable steps necessary to
notify members on the resumption of proceedings on any
postponed record vote.
(C) When proceedings resume on a postponed question,
notwithstanding any intervening order for the previous
question, an underlying proposition shall remain subject to
further debate or amendment to the same extent as when the
question was postponed.
(D) The Chair's authority to postpone recorded votes will
not be used to prejudice a member with regard to the offering
of another amendment. In the application of this rule, the
Chair will consult regularly with the ranking minority member
regarding the scheduling of the resumption of postponed
votes.
(6) The Chair may conduct, in consultation with the Ranking
Member, any record vote by electronic device in accordance
with clause 2(n) of rule XI.
(7) It shall not be in order to consider a bill or an
amendment thereto if the stated provisions of such measure--
(A) are known to have the net effect of increasing
mandatory spending for the period of either
(i) the current year, the budget year, and the four fiscal
years following that budget year; or
(ii) the current year, the budget year, and the nine fiscal
years following that budget year, or
(B) authorize an increase in authorizations,
appropriations, or direct spending in any given year, unless
fully offset by at least an equal reduction in current
spending; or
(C) authorize discretionary appropriations using terms such
as ``such sums as may be necessary'' or similar language that
fails to specify the actual amount of funding being
authorized by the bill or amendment; or
(D) authorize appropriations without including a sunset
provision.
Hearing Procedures
(d)(1)(A) The Chair shall notice the date, place, and
subject matter of any Committee hearing at least one week
before the commencement of the hearing unless the Chair, with
the concurrence of the ranking minority member, or the
Committee by majority vote with a quorum present for the
transaction of business, determines there is good cause to
begin the hearing sooner, in which case the Chair shall make
the announcement at the earliest possible date.
(B) Not less than three calendar days before the
commencement of a hearing (excluding Saturdays, Sundays, and
legal holidays except when the House is in session on any
such day) announced under this paragraph, the Chair shall
provide to the members of the Committee a concise summary of
the subject of the hearing, or in the case of a hearing on a
measure or matter, a copy of the measure or materials
relating to the matter in question and a concise explanation
of the measure or matter to be considered. At the same time
the Chair provides the information required by the preceding
sentence, the Chair shall also provide to the members of the
Committee a list of the witnesses expected to appear before
the Committee at that hearing. The witness list may not be
modified within 24 hours of a hearing unless the Chair, with
the concurrence of the ranking minority member, determines
there is good cause for such modification.
(2) To the greatest extent practicable--
(A) each witness who is to appear before the Committee
shall file with the Committee 48 hours in advance of the
appearance sufficient copies (including a copy in electronic
form), as determined by the Chair, of a written statement of
proposed testimony and shall limit the oral presentation to
the Committee to a brief summary thereof; and
(B) each witness appearing in a non-governmental capacity
shall include with the written statement of proposed
testimony a curriculum vitae, a disclosure of the amount and
source (by agency and program) of any Federal grant (or
subgrant thereof) or contract (or subcontract thereof)
received during the current fiscal year or either of the two
preceding fiscal years, and a disclosure of whether the
witness is a fiduciary (including, but not limited to, a
director, officer, advisor, or resident agent) of any
organization or entity, that has an interest in the subject
matter of the hearing. Such disclosure statements, with
appropriate redactions to protect the privacy of the witness,
shall be made publicly available in electronic form not later
than one day after the witness appears.
(3) The requirements of paragraph (2)(A) may be modified or
waived by the Chair when the Chair determines it to be in the
best interest of the Committee.
(4)(A) Subject to subparagraph (B), the five-minute rule
shall be observed in the questioning of witnesses before the
Committee or any of its subcommittees until each present
member thereof has had an opportunity to question the
witnesses. The Chair shall, so far as practicable, recognize
alternately based on seniority of the majority and minority
members present at the time the hearing was called to order
and others based on their arrival at the hearing. The Chair
shall, so far as practicable, defer to the ranking member
with respect to the order of recognition for minority
Members. No member shall be recognized for a second period of
five minutes to question witnesses until each present member
of the Committee or such subcommittee has been recognized
once for that purpose.
(B) The Chair may permit a specified number of members to
question one or more witnesses for a specified period of time
not to exceed 60 minutes in the aggregate, equally divided
between and controlled by the Chair and the ranking minority
member.
(5) Whenever any hearing is conducted by the Committee on
any measure or matter, the minority party members of the
Committee shall be entitled, upon the request of a majority
of them before the completion of the hearing, to call
witnesses with respect to that measure or matter during at
least one day of hearing thereon. The Chair, with the
concurrence of the ranking minority member, will determine
the date, time, and place of such hearing.
(6) At any hearing of the Committee, opening statements by
members of the Committee shall be limited to 10 minutes in
the aggregate. The Chair shall control five minutes and
recognize members in the Chair's sole discretion. The ranking
minority member shall control five minutes; the Chair shall
recognize members for such time according to the direction of
the ranking minority member as communicated to the Chair.
(7) Notwithstanding any member's oral delivery of an
opening statement, written opening statements by any member
of the Committee submitted to the Chair within 5 legislative
days after the adjournment of a hearing shall be made a part
of the official hearing record thereof.
Subpoenas and Oaths
(e)(1) The power to authorize and issue subpoenas is
delegated to the Chair. Unless there are exigent
circumstances, the Chair will provide written notice to the
ranking minority member at least 48 hours in advance of the
authorization and issuance of a subpoena, and such notice
shall include a full copy of the proposed subpoena including
any proposed document schedule.
(2) Authorized subpoenas shall be signed by the Chair or by
any member designated by the Committee and may be served by
any person designated by the Chair or such member. The Chair
or any person designated by the Chair to serve a subpoena
will copy the ranking minority member or designated minority
staff when a subpoena is issued and served electronically.
(3) The Chair, or any member of the Committee designated by
the Chair, may administer oaths to witnesses before the
Committee.
Depositions
(f) The Regulations for the Use of Deposition Authority as
passed by the Committee
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on Rules pursuant to H. Res. 5 titled--Adopting the Rules of
the House of Representatives for the One Hundred Nineteenth
Congress, and for other purposes--are incorporated by
reference and shall be considered the rules of the Committee.
rule 4 procedures for reporting measures or matters
(a) No measure or matter shall be reported from the
Committee unless a majority of the Committee is actually
present.
(b) The Chair of the Committee shall report or cause to be
reported promptly to the House any measure approved by the
Committee and take necessary steps to bring a matter to a
vote.
(c) The report of the Committee on a measure which has been
approved by the Committee shall be filed within seven
calendar days (exclusive of days on which the House is not in
session) after the day on which there has been filed with the
clerk of the Committee a written request, signed by a
majority of the members of the Committee, for the reporting
of that measure pursuant to the provisions of clause 2(b)(2)
of rule XIII of the Rules of the House.
(d) All reports printed by the Committee pursuant to a
legislative study or investigation and not approved by a
majority vote of the Committee shall contain the following
disclaimer on the cover of such report: ``This report has not
been officially adopted by the Committee on Financial
Services and may not necessarily reflect the views of its
Members.''
(e) The Chair is directed to offer a motion under clause 1
of rule XXII of the Rules of the House whenever the Chair
considers it appropriate.
Supplemental, Minority, Additional, or Dissenting Views
(f) If at the time of approval of a measure or matter by
the Committee, a member of the Committee gives notice of
intention to file supplemental, minority, additional, or
dissenting views for inclusion in the report to the House
thereon, Members shall not have less than two additional
calendar days after the day notice has been given (excluding
Saturdays, Sundays, and legal holidays except when the House
is in session on such a day) to file such written and signed
views with the clerk of the Committee.
rule 5 subcommittees
Establishment and Responsibilities of Subcommittees
(a)(1) There shall be six subcommittees of the Committee as
follows:
(A) SUBCOMMITTEE ON CAPITAL MARKETS.--The jurisdiction of
the Subcommittee on Capital Markets includes--
(i) securities, including retirement savings plans and
products, exchanges, and finance;
(ii) capital markets activities, including securitization,
business capital formation, securities lending, and
repurchase agreements;
(iii) investment companies, investment advisers, and
advisers to private funds;
(iv) activities involving accounting and auditing;
(v) activities involving futures, forwards, options, and
other types of derivative instruments;
(vi) the Securities and Exchange Commission;
(vii) the Financial Accounting Standards Board;
(viii) the Municipal Securities Rulemaking Board;
(ix) the Public Company Accounting Oversight Board;
(x) the Securities Investor Protection Corporation;
(xi) self-regulatory organizations registered with the
Securities and Exchange Commission; and
(xii) initiatives to protect investor interest and to
promote investor confidence in market integrity and provide
greater access to investment opportunities.
(B) SUBCOMMITTEE ON FINANCIAL INSTITUTIONS.--The
jurisdiction of the Subcommittee on Financial Institutions
includes--
(i) all agencies, including the Office of the Comptroller
of the Currency, the Federal Deposit Insurance Corporation,
the Board of Governors of the Federal Reserve System and the
Federal Reserve System, and the National Credit Union
Administration, which directly or indirectly exercise
supervisory or regulatory authority in connection with, or
provide deposit insurance for, financial institutions, and
the establishment of interest rate ceilings on deposits;
(ii) matters related to the Consumer Financial Protection
Bureau;
(iii) the chartering, branching, merger, acquisition,
consolidation, or conversion of financial institutions;
(iv) consumer credit, including the provision of consumer
credit by insurance companies, and further including those
matters in the Consumer Credit Protection Act dealing with
truth in lending, extortionate credit transactions,
restrictions on garnishments, fair credit reporting and the
use of credit information by credit bureaus and credit
providers, equal credit opportunity, debt collection
practices, and electronic funds transfers;
(v) creditor remedies and debtor defenses, Federal aspects
of the Uniform Consumer Credit Code, credit and debit cards,
and the preemption of State usury laws;
(vi) consumer access to financial services, including the
Home Mortgage Disclosure Act and the Community Reinvestment
Act;
(vii) the terms and rules of disclosure of financial
services, including the advertisement, promotion and pricing
of financial services, and availability of government check
cashing services;
(viii) deposit insurance;
(ix) consumer access to savings accounts and checking
accounts in financial institutions, including lifeline
banking and other consumer accounts;
(x) financial stability and systemic risk, including
matters relating to the Financial Stability Oversight Council
and the Office of Financial Research;
(xi) financial aid to all sectors and elements within the
economy; and
(xii) economic stabilization.
(C) SUBCOMMITTEE ON HOUSING AND INSURANCE--The jurisdiction
of the Subcommittee on Housing and Insurance includes--
(i) insurance generally, including but not limited to,
terrorism risk insurance, private mortgage insurance,
government sponsored insurance programs, including those
offering protection against crime, fire, flood (and related
land use controls), earthquake and other natural hazards, and
the Federal Insurance Office;
(ii) housing (except programs administered by the
Department of Veterans Affairs), including mortgage and loan
insurance pursuant to the National Housing Act; rural
housing; housing and homeless assistance programs; all
activities of the Government National Mortgage Association;
secondary market organizations for home mortgages, including
the Federal National Mortgage Association, the Federal Home
Loan Mortgage Corporation, and the Federal Agricultural
Mortgage Corporation; the Federal Housing Finance Agency; the
Federal Home Loan Banks; housing construction and design and
safety standards; housing-related energy conservation;
housing research and demonstration programs; financial and
technical assistance for nonprofit housing sponsors; housing
counseling and technical assistance; regulation of the
housing industry (including landlord/tenant relations); and
real estate lending including regulation of settlement
procedures;
(iii) community development and community and neighborhood
planning, training and research; national urban growth
policies; urban/rural research and technologies; and
regulation of interstate land sales; and
(iv) the qualifications for and designation of Empowerment
Zones and Enterprise Communities (other than matters relating
to tax benefits).
(D) SUBCOMMITTEE ON NATIONAL SECURITY, ILLICIT FINANCE, AND
INTERNATIONAL FINANCIAL INSTITUTIONS--The jurisdiction of the
Subcommittee on National Security, Illicit Finance, and
International Financial Institutions includes--
(i) financial support networks of national security
threats, including matters related to terrorist financing,
money laundering, drug sale proceeds, and alternative
remittance systems;
(ii) methods to detect and inhibit terrorism and illicit
finance, including matters related to anti-money laundering
and combating the financing of terrorism (AML/CFT) standards,
asset forfeiture, and financial sanctions; as well as
programs related to such matters administered by agencies or
subunits thereof, including activities of the Office of
Terrorism and Financial Intelligence and the Financial Crimes
Enforcement Network;
(iii) inter-governmental initiatives to detect and inhibit
terrorism and illicit finance, including the Financial Action
Task Force;
(iv) multilateral development lending institutions,
including activities of the National Advisory Council on
International Monetary and Financial Policies as related
thereto, and monetary and financial developments as they
relate to the activities and objectives of such institutions;
(v) international trade, including but not limited to the
activities of the Export-Import Bank;
(vi) the International Monetary Fund, its permanent and
temporary agencies, and all matters related thereto;
(vii) international investment policies, both as they
relate to United States investments for trade purposes by
citizens of the United States and investments made by all
foreign entities in the United States;
(viii) defense production matters as contained in the
Defense Production Act of 1950, as amended; and
(ix) coins, coinage, currency, and medals, including
commemorative coins and medals, proof and mint sets and other
special coins, the Coinage Act of 1965, gold and silver,
including the coinage thereof (but not the par value of
gold), gold medals, counterfeiting, currency denominations
and design, the distribution of coins, and the operations of
the Bureau of the Mint and the Bureau of Engraving and
Printing.
(E) SUBCOMMITTEE ON DIGITAL ASSETS, FINANCIAL TECHNOLOGY,
AND ARTIFICIAL INTELLIGENCE--The jurisdiction of the
Subcommittee on Digital Assets, Financial Technology, and
Artificial Intelligence includes--
(i) digital assets, including but not limited to
cryptocurrencies, stablecoins, and central bank digital
currencies (CBDCs);
(ii) development of new or alternative forms of currency;
(iii) activities of digital asset issuers, digital asset
trading and lending platforms, digital asset custody
providers, and other digital asset intermediaries;
(iv) matters related to innovative consumer financial
products and services, including consumer transactions using
mobile
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devices, and matters related to regulatory technology
(RegTech);
(v) matters related to the Department of Treasury, the
Securities and Exchange Commission, Office of the Comptroller
of the Currency, the Federal Deposit Insurance Corporation,
the Board of Governors of the Federal Reserve System and the
Federal Reserve System, and the National Credit Union
Administration, to the extent they directly or indirectly
exercise supervisory or regulatory authority in connection
with nonbank financial firms offering innovative consumer
products and services and financial institutions and firms
engaging in digital asset-related activity.
(vi) matters related to the Consumer Financial Protection
Bureau to the extent they directly or indirectly exercise
supervisory or regulatory authority over nonbank financial
technology (FinTech) firms providing innovative consumer
financial products and services; and
(vii) matters related to technologies of machine learning,
artificial intelligence, and quantum computing.
(F) SUBCOMMITTEE ON OVERSIGHT AND INVESTIGATIONS.--The
jurisdiction of the Subcommittee on Oversight and
Investigations includes--
(i) overseeing all agencies, departments, programs, matters
within the jurisdiction of the Committee;
(ii) overseeing agency, department, and operational
adherence to statutory authority, including promulgating
regulations;
(iii) conducting investigations within agencies,
departments, and programs; and
(iv) conducting research and analysis regarding matters
within the jurisdiction of the Committee, including the
impact or probable impact of tax policies affecting matters
within the jurisdiction of the Committee.
(2) In addition, each such subcommittee shall have specific
responsibility for such other measures or matters as the
Chair refers to it.
(3) Each subcommittee of the Committee shall review and
study, on a continuing basis, the application,
administration, execution, and effectiveness of those laws,
or parts of laws, the subject matter of which is within its
general responsibility. This review and study may include but
is not limited to reviewing waste, fraud and abuse; the
impact of regulatory overreach; and adherence to the
Administrative Procedure Act and congressional intent with
respect to such laws.
(4) Each subcommittee may make recommendations with regard
to the necessity or desirability of enacting, changing, or
repealing any legislation within the jurisdiction of the
subcommittee.
Referral of Measures and Matters to Subcommittees
(b)(1) The Chair may regularly refer to one or more
subcommittees such measures and matters as the Chair deems
appropriate given its jurisdiction and responsibilities. In
making such a referral, the Chair may designate a
subcommittee of primary jurisdiction and subcommittees of
additional or sequential jurisdiction.
(2) All measures or matters shall be subject to
consideration by the full Committee.
(3) In referring any measure or matter to a subcommittee,
the Chair may specify a date by which the subcommittee shall
report thereon to the Committee.
(4) The Chair, in his or her sole discretion, may discharge
a subcommittee from consideration of any measure or matter
referred to a subcommittee of the Committee.
Composition of Subcommittees
(c)(1) Members shall be elected to each subcommittee and to
the positions of chair and ranking minority member thereof,
in accordance with the rules of the respective party
caucuses. The Chair of the Committee shall designate a member
of the majority party on each subcommittee as its vice chair.
The Chair may designate one member of the Committee of the
majority party who previously has served as the chair of the
Committee as the Chair Emeritus.
(2) The Chair and ranking minority member of the Committee
shall be ex officio members with voting privileges of each
subcommittee of which they are not assigned as members and
may be counted for purposes of establishing a quorum in such
subcommittees. The Chair Emeritus shall be an ex officio
member without voting privileges of each subcommittee to
which he or she is not assigned and shall not count for
purposes of establishing a quorum in such subcommittees.
(3) The subcommittees shall be comprised as follows:
(A) The Subcommittee on Capital Markets, shall be comprised
of 25 members, 14 elected by the majority caucus and 11
elected by the minority caucus.
(B) The Subcommittee on Financial Institutions shall be
comprised of 25 members, 14 elected by the majority caucus
and 11 elected by the minority caucus.
(C) The Subcommittee on Housing and Insurance shall be
comprised of 19 members, 10 elected by the majority caucus
and 9 elected by the minority caucus.
(D) The Subcommittee on National Security, Illicit Finance,
and International Financial Institutions shall be comprised
of 18 members, 10 elected by the majority caucus and 8
elected by the minority caucus.
(E) The Subcommittee on Digital Assets, Financial
Technology, and Artificial Intelligence shall be comprised of
21members, 12 elected by the majority caucus and 9 elected by
the minority caucus.
(F) The Subcommittee on Oversight and Investigations shall
be comprised of 12 members, 7 elected by the majority caucus
and 5 elected by the minority caucus.
Subcommittee Meetings and Hearings
(d)(1) Each subcommittee of the Committee may be authorized
at the sole direction of the Chair to meet, hold hearings,
receive testimony, mark up legislation, and report to the
full Committee on any measure or matter referred to it,
consistent with subsection (a).
(2) No subcommittee of the Committee may meet or hold a
hearing at the same time as a meeting or hearing of the full
Committee.
(3) The chair of each subcommittee shall set hearing and
meeting dates only with the approval of the Chair with a view
toward assuring the availability of meeting rooms and
avoiding simultaneous scheduling of Committee and
subcommittee meetings or hearings.
Effect of a Vacancy
(e) Any vacancy in the membership of a subcommittee shall
not affect the power of the remaining members to execute the
functions of the subcommittee as long as the required quorum
is present.
Records
(f) Each subcommittee of the Committee shall provide the
full Committee with copies of such records of votes taken in
the subcommittee and such other records with respect to the
subcommittee as the Chair deems necessary for the Committee
to comply with all rules and regulations of the House.
Rule 6 Staff
In General
(a)(1) Except as provided in paragraph (2), the
professional and other staff of the Committee shall be
appointed, and may be removed by the Chair, and shall work
under the general supervision and direction of the Chair.
(2) All professional and other staff provided to the
minority party members of the Committee shall be appointed,
and may be removed, by the ranking minority member of the
Committee, and shall work under the general supervision and
direction of such member.
(3) It is intended that the skills and experience of all
members of the Committee staff be available to all members of
the Committee.
Subcommittee Staff
(b) From funds made available for the appointment of staff,
the Chair of the Committee shall, pursuant to clause 6(d) of
rule X of the Rules of the House, ensure that sufficient
staff is made available so that each subcommittee can carry
out its responsibilities under the rules of the Committee and
that the minority party is treated fairly in the appointment
of such staff.
Compensation of Staff
(c)(1) Except as provided in paragraph (2), the Chair shall
fix the compensation of all professional and other staff of
the Committee.
(2) The ranking minority member shall fix the compensation
of all professional and other staff provided to the minority
party members of the Committee.
Rule 7 Budget And Travel
Budget
(a)(1) The Chair, in consultation with other members of the
Committee, shall prepare for each Congress a budget providing
amounts for staff, necessary travel, investigation, and other
expenses of the Committee and its subcommittees.
(2) From the amount provided to the Committee in the
primary expense resolution adopted by the House of
Representatives, the Chair, after consultation with the
ranking minority member, shall designate an amount to be
under the direction of the ranking minority member for the
compensation of the minority staff, travel expenses of
minority members and staff, and minority office expenses. All
expenses of minority members and staff shall be paid for out
of the amount so set aside.
Travel
(b)(1) The Chair may authorize travel for any member and
any staff member of the Committee in connection with
activities or subject matters under the general jurisdiction
of the Committee. Before such authorization is granted, there
shall be submitted to the Chair in writing the following:
(A) The purpose of the travel.
(B) The dates during which the travel is to occur.
(C) The names of the States or countries to be visited and
the length of time to be spent in each.
(D) The names of members and staff of the Committee for
whom the authorization is sought.
(2) Members and staff of the Committee shall make a written
report to the Chair on any travel they have conducted under
this subsection, including a description of their itinerary,
expenses, and activities, and of pertinent information gained
as a result of such travel.
(3) Members and staff of the Committee performing
authorized travel on official business shall be governed by
applicable laws, resolutions, and regulations of the House
and of the Committee on House Administration.
Rule 8 Committee Administration
Records
(a)(1) There shall be a transcript made of each regular
meeting and hearing of the
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Committee, and the transcript may be printed if the Chair
decides it is appropriate or if a majority of the members of
the Committee requests such printing. Any such transcripts
shall be a substantially verbatim account of remarks actually
made during the proceedings, subject only to technical,
grammatical, and typographical corrections authorized by the
person making the remarks. Nothing in this paragraph shall be
construed to require that all such transcripts be subject to
correction and publication.
(2) The Committee shall keep a record of all actions of the
Committee and of its subcommittees. The record shall contain
all information required by clause 2(e)(1) of rule XI of the
Rules of the House and shall be available in electronic form
and for public inspection at reasonable times in the offices
of the Committee.
(3) All Committee hearings, records, data, charts, and
files shall be kept separate and distinct from the
congressional office records of the Chair, shall be the
property of the House, and all Members of the House shall
have access thereto as provided in clause 2(e)(2) of rule XI
of the Rules of the House.
(4) The records of the Committee at the National Archives
and Records Administration shall be made available for public
use in accordance with rule VII of the Rules of the House of
Representatives. The Chair shall notify the ranking minority
member of any decision, pursuant to clause 3(b)(3) or clause
4(b) of the rule, to withhold a record otherwise available,
and the matter shall be presented to the Committee for a
determination on written request of any member of the
Committee.
Committee Publications on the Internet
(b) The Chair shall maintain an official Committee website
for the purpose of carrying out the official responsibilities
of the Committee, including communicating information about
the Committee's activities. The ranking minority member may
maintain an official website. To the maximum extent feasible,
the Committee shall make its publications available in
electronic form on the official Committee website maintained
by the Chair.
Audio and Video Coverage of Committee Hearings and Meetings
(c)(1) To the maximum extent feasible, the Committee shall
provide audio and video coverage of each hearing or meeting
for the transaction of business in a manner that allows the
public to easily listen to and view the proceedings; and,
(2) maintain the recordings of such coverage in a manner
that is easily accessible to the public.
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