United States Senate Banking Subcommittee on Economic Policy

The Senate Banking Subcommittee on Economic Policy is one of six 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.

Majority^[1]	Minority^[1]
John Kennedy, Louisiana, Chair Mike Rounds, South Dakota Thom Tillis, North Carolina Pete Ricketts, Nebraska Jim Banks, Indiana	Raphael Warnock, Georgia, Ranking Member Jack Reed, Rhode Island Tina Smith, Minnesota Lisa Blunt Rochester, Delaware
Ex officio
Tim Scott, South Carolina	Elizabeth Warren, Massachusetts

Majority	Minority
Elizabeth Warren, Massachusetts, Chair Jack Reed, Rhode Island Chris Van Hollen, Maryland Tina Smith, Minnesota Jon Ossoff, Georgia	John Kennedy, Louisiana, Ranking Member Tim Scott, South Carolina Thom Tillis, North Carolina Kevin Cramer, North Dakota Steve Daines, Montana
Ex officio
Sherrod Brown, Ohio	Pat Toomey, Pennsylvania

Majority	Minority
Elizabeth Warren, Massachusetts, Chair Jack Reed, Rhode Island Robert Menendez, New Jersey (until August 20, 2024) Chris Van Hollen, Maryland Tina Smith, Minnesota John Fetterman, Pennsylvania George Helmy, New Jersey (from September 11, 2024)	John Kennedy, Louisiana, Ranking Member Mike Rounds, South Dakota Thom Tillis, North Carolina Cynthia Lummis, Wyoming Steve Daines, Montana
Ex officio
Sherrod Brown, Ohio	Tim Scott, South Carolina

↑ ^1.0 ^1.1 "Banking Committee Approves Subcommittee Assignments for the 119th Congress". United States Senate Committee on Banking, Housing, and Urban Affairs. January 23, 2025.