Who oversees the Federal Reserve?
The Senate Banking, Housing, and Urban Affairs Committee and the House Financial Services Committee conduct regular oversight of the Federal Reserve. The Fed Chair testifies twice yearly on monetary policy.
Federal Policy
This area covers the federal budget process, the national debt, monetary policy oversight, and macroeconomic legislation. The Budget committees write annual budget resolutions, while Appropriations actually funds the government and Finance/Ways and Means handle revenue.
David Schweikert
U.S. Representative · Arizona · Republican
Chairman
Joint Economic Committee
Jason Smith
U.S. Representative · Missouri · Republican
Chair
House Committee on Ways and Means
Jodey C. Arrington
U.S. Representative · Texas · Republican
Chair
House Committee on the Budget
Lindsey Graham
U.S. Senator · South Carolina · Republican
Chairman
Senate Committee on the Budget
Mike Crapo
U.S. Senator · Idaho · Republican
Chairman
Senate Committee on Finance
Susan M. Collins
U.S. Senator · Maine · Republican
Chairman
Senate Committee on Appropriations
Tom Cole
U.S. Representative · Oklahoma · Republican
Chair
House Committee on Appropriations
Brendan F. Boyle
U.S. Representative · Pennsylvania · Democratic
Ranking Member
House Committee on the Budget
Jeff Merkley
U.S. Senator · Oregon · Democratic
Ranking Member
Senate Committee on the Budget
Margaret Wood Hassan
U.S. Senator · New Hampshire · Democratic
Ranking Member
Joint Economic Committee
Patty Murray
U.S. Senator · Washington · Democratic
Ranking Member
Senate Committee on Appropriations
Richard E. Neal
U.S. Representative · Massachusetts · Democratic
Ranking Member
House Committee on Ways and Means
Ron Wyden
U.S. Senator · Oregon · Democratic
Ranking Member
Senate Committee on Finance
Rosa L. DeLauro
U.S. Representative · Connecticut · Democratic
Ranking Member
House Committee on Appropriations
Eric Schmitt
U.S. Senator · Missouri · Republican
Vice Chairman
Joint Economic Committee
Mario Diaz-Balart
U.S. Representative · Florida · Republican
Vice Chair
House Committee on Appropriations
Aaron Bean
U.S. Representative · Florida · Republican
House Committee on Ways and Means
Addison P. McDowell
U.S. Representative · North Carolina · Republican
House Committee on the Budget
Adrian Smith
U.S. Representative · Nebraska · Republican
House Committee on Ways and Means
Adriano Espaillat
U.S. Representative · New York · Democratic
House Committee on Appropriations
Alex Padilla
U.S. Senator · California · Democratic
Senate Committee on the Budget
Amy Klobuchar
U.S. Senator · Minnesota · Democratic
Joint Economic Committee
Andrew S. Clyde
U.S. Representative · Georgia · Republican
House Committee on the Budget
Andy Harris
U.S. Representative · Maryland · Republican
House Committee on Appropriations
Ashley Hinson
U.S. Representative · Iowa · Republican
House Committee on Appropriations
Ashley Moody
U.S. Senator · Florida · Republican
Joint Economic Committee
Becca Balint
U.S. Representative · Vermont · Democratic
House Committee on the Budget
Ben Cline
U.S. Representative · Virginia · Republican
House Committee on Appropriations
Ben Ray Luján
U.S. Senator · New Mexico · Democratic
Senate Committee on Finance
Bernard Sanders
U.S. Senator · Vermont · Independent
Senate Committee on Finance
Bernie Moreno
U.S. Senator · Ohio · Republican
Senate Committee on the Budget
Beth Van Duyne
U.S. Representative · Texas · Republican
House Committee on Ways and Means
Betty McCollum
U.S. Representative · Minnesota · Democratic
House Committee on Appropriations
Bill Cassidy
U.S. Senator · Louisiana · Republican
Senate Committee on Finance
188 more members on jurisdictional committees not shown.
The Senate Banking, Housing, and Urban Affairs Committee and the House Financial Services Committee conduct regular oversight of the Federal Reserve. The Fed Chair testifies twice yearly on monetary policy.
Authorizing committees create programs and set their rules. Appropriations committees actually fund them. A program can exist on paper but receive zero dollars if Appropriations doesn't fund it.