Financial Services
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I have the distinct privilege of serving on the United States House of Representatives Committee on Financial Services, which oversees the nation’s financial industry including banking, insurance, capital markets, and housing. In the 115th Congress, I have the honor of serving on both the Subcommittee on Capital Markets, Securities, and Investment and the Subcommittee on Oversight and Investigations. As Chairman of Oversight and Investigations, I provide oversight of several federal agencies, including the Federal Reserve, the Consumer Financial Protection Bureau, Treasury, the Federal Deposit Insurance Corporation, the Securities and Exchange Commission, the National Credit Union Administration, the Office of the Comptroller of the Currency, the Department of Housing and Urban Development, the Federal Housing Finance Agency, and the Export-Import Bank.
The St. Louis region is a national hub for the financial services industry, with over 84,000 people employed in insurance, banking, real estate, or other business lines throughout the region. I am honored to work on a committee which holds such great importance for Missouri’s 2nd Congressional District.
More on Financial Services
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WASHINGTON- Today, the House Financial Services Committee passed H.R.4557, the Reforming Disaster Recovery Act of 2017. This bipartisan legislation, introduced by Congresswoman Ann Wagner (MO-O2), will establish much-needed guidance and standards on how disaster funds are distributed and accounted for. It will ensure that taxpayer-funded disaster relief dollars are spent efficiently to help those most in need.
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WASHINGTON- This afternoon, President Trump signed the Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155) into law. After attending the White House signing ceremony for S.2155, Congresswoman Ann Wagner (MO-02) released the following statement:
“Under the leadership of Chairman Hensarling, our committee has continuously made the case that the former administration’s efforts were not only misguided, but made basic financial services less accessible to small business and low and middle-income Americans. "