The Senate Banking Subcommittee on Economic Policy is one of five subcommittees within the Senate Committee on Banking, Housing, and Urban Affairs.
Jurisdiction [edit]
The Subcommittee on Economic Policy oversees economic growth, employment and price stability, federal monetary policy, including the policy functions of the Federal Reserve System; the Council of Economic Advisers; money and credit, including currency, coinage, and notes; control of prices of commodities, rents and services; economic stabilization and defense production; the Defense Production Act; financial aid to commerce and industry; loan guarantees; flood insurance; and disaster assistance carried out by the Federal Emergency Management Agency within the Department of Homeland Security.
Members, 113th Congress [edit]
The Subcommittee is chaired by Democrat Jeff Merkley of Oregon, and the Ranking Minority Member is Republican Dean Heller of Nevada.
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