United States House Financial Services Subcommittee on International Monetary Policy and Trade
Encyclopedia
The United States House Financial Services Subcommittee on International Monetary Policy and Trade is a subcommittee of the House Committee on Financial Services. It was formerly part of the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology until the 111th Congress
, when a separate Subcommittee on Domestic Monetary Policy and Technology
was created.
, and agencies which directly or indirectly affect domestic monetary policy; multilateral development institutions
such as the World Bank
; coin
s and currency
, including operations of the United States Mint
and the Bureau of Engraving and Printing
; and international trade
and finance
including all matters pertaining to the International Monetary Fund
and the Export-Import Bank of the United States
.
111th United States Congress
The One Hundred Eleventh United States Congress was the meeting of the legislative branch of the United States federal government from January 3, 2009 until January 3, 2011. It began during the last two weeks of the George W. Bush administration, with the remainder spanning the first two years of...
, when a separate Subcommittee on Domestic Monetary Policy and Technology
United States House Financial Services Subcommittee on Domestic Monetary Policy and Technology
The U.S. House Financial Services Subcommittee on Domestic Monetary Policy and Technology is a subcommittee of the House Committee on Financial Services...
was created.
Jurisdiction
The subcommittee's jurisdiction includes domestic monetary policyMonetary policy
Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting a rate of interest for the purpose of promoting economic growth and stability. The official goals usually include relatively stable prices and low unemployment...
, and agencies which directly or indirectly affect domestic monetary policy; multilateral development institutions
Multilateral Development Bank
A multilateral development bank is an institution, created by a group of countries, that provides financing and professional advising for the purpose of development. MDBs have large memberships including both developed donor countries and developing borrower countries...
such as the World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...
; coin
Coin
A coin is a piece of hard material that is standardized in weight, is produced in large quantities in order to facilitate trade, and primarily can be used as a legal tender token for commerce in the designated country, region, or territory....
s and currency
Currency
In economics, currency refers to a generally accepted medium of exchange. These are usually the coins and banknotes of a particular government, which comprise the physical aspects of a nation's money supply...
, including operations of the United States Mint
United States Mint
The United States Mint primarily produces circulating coinage for the United States to conduct its trade and commerce. The Mint was created by Congress with the Coinage Act of 1792, and placed within the Department of State...
and the Bureau of Engraving and Printing
Bureau of Engraving and Printing
The Bureau of Engraving and Printing is a government agency within the United States Department of the Treasury that designs and produces a variety of security products for the United States government, most notable of which is paper currency for the Federal Reserve. The Federal Reserve itself is...
; and international trade
International trade
International trade is the exchange of capital, goods, and services across international borders or territories. In most countries, such trade represents a significant share of gross domestic product...
and finance
International finance
International finance is the branch of economics that studies the dynamics of exchange rates, foreign investment, global financial system, and how these affect international trade. It also studies international projects, international investments and capital flows, and trade deficits. It includes...
including all matters pertaining to the International Monetary Fund
International Monetary Fund
The International Monetary Fund is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world...
and the Export-Import Bank of the United States
Export-Import Bank of the United States
The Export-Import Bank of the United States is the official export credit agency of the United States federal government. It was established in 1934 by an executive order, and made an independent agency in the Executive branch by Congress in 1945, for the purposes of financing and insuring...
.
Members, 112th Congress
Majority | Minority |
---|---|
|
Carolyn McCarthy Carolyn McCarthy is the U.S. Representative for , serving since 1997. She is a member of the Democratic Party. The district is located in central Long Island in west-central Nassau County and includes Mineola, the Five Towns, East Rockaway, Rockville Centre, Oceanside, Garden City, Hempstead,... , New York, Ranking Member Gwen Moore Gwendolynne Sophia Moore is the U.S. Representative for , serving since 2005. She is a member of the Democratic Party.The district is based in Milwaukee and also includes South Milwaukee, Cudahy and St. Francis, and part of West Allis. She is the first woman to represent the district... , Wisconsin André Carson André D. Carson is the U.S. Representative for , serving since the special election in 2008. He is a member of the Democratic Party.... , Indiana David Scott (politician) David A. Scott is the U.S. Representative for , serving since 2003. He is a member of the Democratic Party.-Early life and education:Scott was born in Aynor, South Carolina and attended high school in Daytona Beach, Florida... , Georgia Ed Perlmutter Edwin George "Ed" Perlmutter is the U.S. Representative for , serving since 2007. He is a member of the Democratic Party.- Early life, education and career:... , Colorado Joe Donnelly Joseph Simon "Joe" Donnelly, Sr. is the U.S. Representative for , serving since 2007. He is a member of the Democratic Party. Donnelly announced Monday May 9 that he would run for the United States Senate seat that is held by Republican Richard Lugar.-Early life, education and career:Joe Donnelly... , Indiana |