Senatemain
Committee on Banking, Housing, and Urban Affairs
Regulates the nation's banking system, financial institutions, and housing markets. Oversees the Federal Reserve, consumer financial protection, and securities markets to maintain economic stability.
Subcommittees
Responsibilities
01
Banking regulation and supervision
02
Federal Reserve oversight
03
Consumer financial protection
04
Housing finance and mortgage markets
05
Securities and derivatives regulation
06
Financial stability monitoring
Recent Work
Silicon Valley Bank Collapse
Held hearings on regional bank failures and FDIC response
Role: Subpoenaed bank executives for testimony; questioned Federal Reserve officials on supervision failures; introduced legislation to tighten oversight of mid-size banks
Credit Card Fee Reform
Pushed legislation to cap swipe fees charged to merchants
Role: Held markup sessions on interchange fee cap bill; negotiated with card networks on compliance timelines; reported legislation with bipartisan support to Senate floor
Committee Members
24 total
R (12)
Mike CrapoID-2
