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United States Senate Banking Subcommittee On Economic Policy
The Senate Banking Subcommittee on Economic Policy is one of five subcommittees within the Senate Committee on Banking, Housing, and Urban Affairs. Jurisdiction 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 The United States Department of Homeland Security (DHS) is the U.S. federal executive department responsible for public security, roughly comparable to the interior or home ministries of other countries. Its stated mission ...
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United States Senate Committee On Banking, Housing, And Urban Affairs
The United States Senate Committee on Banking, Housing, and Urban Affairs (formerly the Committee on Banking and Currency), also known as the Senate Banking Committee, 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, mass transit and government contracts. The current chair of the committee is Democrat Sherrod Brown of Ohio, and the Ranking Member is Republican Pat Toomey of Pennsylvania. 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. Jurisdiction In accordance of Rule XXV of ...
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Federal Emergency Management Agency
The Federal Emergency Management Agency (FEMA) is an agency of the United States Department of Homeland Security (DHS), initially created under President Jimmy Carter by Presidential Reorganization Plan No. 3 of 1978 and implemented by two Executive Orders on April 1, 1979. The agency's primary purpose is to coordinate the response to a disaster that has occurred in the United States and that overwhelms the resources of local and state authorities. The governor of the state in which the disaster occurs must declare a state of emergency and formally request from the President that FEMA and the federal government respond to the disaster. The only exception to the state's gubernatorial declaration requirement occurs when an emergency or disaster takes place on federal property or to a federal asset—for example, the 1995 bombing of the Alfred P. Murrah Federal Building in Oklahoma City, Oklahoma, or the Space Shuttle ''Columbia'' in the 2003 return-flight disaster. While on-th ...
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Sherrod Brown
Sherrod Campbell Brown (; born November 9, 1952) is an American politician serving as the senior United States senator from Ohio, a seat which he has held since 2007. A member of the Democratic Party, he was the U.S. representative for Ohio's 13th congressional district from 1993 to 2007 and the 47th secretary of state of Ohio from 1983 to 1991. He started his political career in 1975 as an Ohio state representative. Brown defeated two-term Republican incumbent Mike DeWine in the 2006 U.S. Senate election and was reelected in 2012, defeating state treasurer Josh Mandel, and in 2018, defeating U.S. representative Jim Renacci. In the Senate, he was chair of the Agriculture Subcommittee on Hunger, Nutrition and Family Farms and the Banking Subcommittee on Economic Policy, and is also a member of the Committee on Finance, the Committee on Veterans' Affairs, and Select Committee on Ethics. At the start of the 114th Congress in January 2015, Brown became the ranking Democ ...
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Steve Daines
Steven David Daines ( ; born August 20, 1962) is an American politician and former corporate executive serving as the junior United States senator for Montana since 2015. A Republican, he served as the U.S. representative for Montana's at-large congressional district from 2013 to 2015. In 2014, Daines won Montana's open U.S. Senate seat. He was reelected in 2020, defeating the Democratic nominee, Governor Steve Bullock. Before entering politics, Daines worked for Procter & Gamble and RightNow Technologies. Early life and education Daines was born in the Van Nuys neighborhood of Los Angeles to Sharon R. and Clair W. Daines. The family moved to Montana in 1964. He was raised in Bozeman, where he attended school from kindergarten through college. Daines graduated from Bozeman High School, where he served as student body president. He earned a Bachelor of Science degree in chemical engineering from Montana State University. At Montana State, he became a brother of the Sigma Nu fra ...
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Kevin Cramer
Kevin John Cramer (born January 21, 1961) is an American politician who has served as the junior United States senator for North Dakota since 2019. A member of the Republican Party, he represented North Dakota's at-large congressional district in the United States House of Representatives from 2013 to 2019. Cramer chaired the North Dakota Republican Party from 1991 to 1993 and served as State Tourism Director from 1993 to 1997 and Economic Development Director from 1997 to 2000. He served on the state's Public Service Commission from 2003 to 2012. Early life and education Cramer was born in Rolette, North Dakota, the first of five children of Clarice (Hjelden) and Richard Cramer. He was raised in Kindred, North Dakota, in Cass County, and graduated from Kindred High School. He received a B.A. degree from Concordia College in Moorhead, Minnesota, in 1983. He earned a master's degree in management from the University of Mary in Bismarck, North Dakota, in 2003. Early career ...
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Thom Tillis
Thomas Roland Tillis (born August 30, 1960) is an American politician serving as the junior United States senator from North Carolina since 2015. A Republican, he was elected to the North Carolina House of Representatives in 2006, and began serving as the speaker in 2011. He was elected to the United States Senate in 2014, defeating Democratic incumbent Kay Hagan, and reelected in 2020, defeating Democratic nominee Cal Cunningham. As speaker of the North Carolina House of Representatives, Tillis led the Republican effort to block the expansion of Medicaid and worked to introduce restrictions on abortion, stringent voting requirements, and a constitutional amendment banning same-sex marriage. In the Senate, he has sought to roll back and repeal the Affordable Care Act, proposed a 15-year pathway to citizenship for some undocumented youth as a more conservative alternative to the bipartisan DREAM Act, and voted for the Bipartisan Safer Communities Act, which provided state fun ...
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Tim Scott
Timothy Eugene Scott (born September 19, 1965) is an American businessman and politician serving as the junior United States senator from South Carolina since 2013. A member of the Republican Party, Scott was appointed to the U.S. Senate by Governor Nikki Haley in 2013. He retained his seat after winning a special election in 2014, and was elected to full terms in 2016 and 2022. Before his election to the Senate, Scott was elected to the United States House of Representatives for , serving from 2011 to 2013. Before that, he served one term (from 2009 to 2011) in the South Carolina General Assembly and served on the Charleston County council from 1995 to 2009. Scott is one of 11 African-Americans to have served in the U.S. Senate, and the first to have served in both chambers of Congress. He is the seventh African-American elected to the Senate and the fourth from the Republican Party. He is the first African-American senator from South Carolina, the first African-American ...
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John Kennedy (Louisiana Politician)
John Neely Kennedy (born November 21, 1951) is an American lawyer and politician who has served as the junior United States senator from Louisiana since 2017. He served as the Louisiana State Treasurer from 2000 to 2017. Kennedy has been a member of the Republican Party since 2007; he was a Democrat from 1988 to 2007. Born in Centreville, Mississippi, Kennedy graduated from Vanderbilt University and the University of Virginia School of Law before attending Magdalen College, Oxford. He was a member of Governor Buddy Roemer's staff before running for state attorney general in the 1991 election. In 1999, he was elected state treasurer; he was reelected to that position in 2003, 2007, 2011, and 2015. Kennedy was an unsuccessful candidate for U.S. Senate in 2004 and 2008. In 2007, he switched parties and became a Republican. In 2016, when U.S. Senator David Vitter opted not to seek reelection, Kennedy ran for Senate again. He finished first in the November nonpartisan blanket pr ...
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Jon Ossoff
Thomas Jonathan Ossoff ( ; born February 16, 1987) is an American politician serving as the senior United States senator from Georgia since 2021. A member of the Democratic Party, Ossoff was previously a documentary filmmaker and investigative journalist. Born in Atlanta to a Jewish father and an Australian mother, Ossoff was the Democratic nominee in the 2017 special election for Georgia's 6th congressional district, which had long been considered a Republican stronghold. The special election proved competitive. It generated national attention, and became the most expensive House election in U.S. history. Ossoff narrowly lost the race to former Georgia Secretary of State Karen Handel. In 2020, Ossoff won the Democratic nomination for the 2020 U.S. Senate election in Georgia to run against then-incumbent Republican senator David Perdue. Neither candidate reached the 50 percent threshold on the November 3 general election, triggering a runoff election on January 5, 2021, ...
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Tina Smith
Christine Elizabeth Smith (née Flint, born March 4, 1958) is an American politician, retired Democratic political consultant, and former businesswoman serving as the junior United States senator from Minnesota since 2018. She is a member of the Minnesota Democratic–Farmer–Labor Party ( DFL), an affiliate of the Democratic Party. Born in Albuquerque, New Mexico, Smith moved to Minnesota in the 1980s to work for General Mills and later became the vice president of Planned Parenthood of Minnesota. She then began a career as a political consultant and organizer for Democratic candidates. Smith managed Ted Mondale's unsuccessful bid for governor of Minnesota in 1998 and Walter Mondale's unsuccessful last-minute campaign in the 2002 United States Senate election in Minnesota after incumbent senator Paul Wellstone died in a plane crash 11 days before the election. After Mondale lost, Smith served as chief of staff to Mayor of Minneapolis R. T. Rybak. She then helped run Mark ...
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Chris Van Hollen
Christopher Van Hollen Jr. (born January 10, 1959) is an American attorney and politician serving as the junior United States senator from Maryland since 2017. A member of the Democratic Party, Van Hollen served as the U.S. representative for Maryland's 8th congressional district from 2003 to 2017. In 2007, Van Hollen became the chair of the Democratic Congressional Campaign Committee (DCCC). In this post, he was responsible for leading efforts to defend vulnerable Democrats and get more Democrats elected to Congress in 2008, which he did. House Speaker Nancy Pelosi created a new leadership post, Assistant to the Speaker, in 2006 so that Van Hollen could be present at all leadership meetings. He was elected ranking member on the Budget Committee on November 17, 2010. Pelosi appointed Van Hollen to the 12-member bipartisan Committee on Deficit Reduction with a mandate for finding major budget reductions by late 2011. On October 17, 2013, Pelosi appointed Van Hollen to serve on ...
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Jack Reed (Rhode Island Politician)
John Francis Reed (born November 12, 1949) is an American lawyer and politician serving as the Seniority in the United States Senate, senior United States Senate, United States senator from Rhode Island, a seat he was first elected to in United States Senate election in Rhode Island, 1996, 1996. A member of the Democratic Party (United States), Democratic Party, he was the United States House of Representatives, U.S. representative for from 1991 to 1997. Reed graduated from the United States Military Academy and Harvard University, serving in the United States Army, U.S. Army as an active officer from 1971 to 1979. He is the dean of United States congressional delegations from Rhode Island, Rhode Island's congressional delegation. Early life, education and career Reed was born in Cranston, Rhode Island, the son of Mary Louise ( Monahan) and Joseph Anthony Reed. Reed graduated from La Salle Academy, Providence, La Salle Academy and the United States Military Academy at West Poi ...
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