Finance Panel Announces New Subcommittees

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Finance Panel Announces New Subcommittees

The following press release was published by the United States Committee on Finance Ranking Member’s News on Feb. 28, 2007. It is reproduced in full below.

Washington, DC - U.S. Senators Max Baucus (D-Mont.) and Chuck Grassley (R-Iowa),

Chairman and Ranking Republican of the Senate Finance Committee, today announced the formation of a new Finance subcommittee on Energy, Natural Resources and Infrastructure, and the addition of pensions issues to an expanded Social Security, Pensions, and Family Policy panel. The Subcommittee on International Trade will also address global competitiveness, and the panel on Taxation and IRS Oversight will take an active look at long-term growth. The Subcommittee on Health Care will continue to examine policy across the health care system. The full Finance Committee is expected to vote shortly to finalize the subcommittees as slated.

“I want the Finance Committee to play an active role in improving America’s energy independence. The full committee will be very active on energy, but our new subcommittee will really focus and sharpen these efforts. I also want to ramp up our work for retirees and families,"Baucus said. “Our subcommittees will take a new look at issues of long-term growth and global competitiveness - and Senator Lincoln will become the first female Democratic Senator to lead a Finance Subcommittee. I know our subcommittee leaders will work together to hold constructive hearings to examine these important issues."

Grassley said, “It makes sense to evaluate the subcommittees from time to time and make sure they’re best configured to help the committee advance good policy. Further highlighting issues such as energy, infrastructure, and pensions reflects what have been and continue to be high priorities for what I call the ‘quality of life committee’ because of our focus on bread-and-butter issues."

The slate of Senators assigned to each subcommittee for the 110th Congress follows here.

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Subcommittee on Health Care

Senator John Rockefeller, Chairman Senator

Orrin Hatch, Ranking Member Senator John Kerry

Senator Chuck Grassley Senator Jeff Bingaman

Senator Olympia Snowe Senator Blanche Lincoln

Senator Jon Kyl Senator Ron Wyden

Senator Craig Thomas Senator Debbie Stabenow

Senator Pat Roberts Senator Maria Cantwell

Senator Jim Bunning Senator Ken Salazar

Subcommittee on Taxation, IRS Oversight, and Long-Term Growth

Senator Kent Conrad, Chairman

Senator Jon Kyl, Ranking Member Senator Max Baucus

Senator Trent Lott Senator Ron Wyden

Senator Pat Roberts Senator Maria Cantwell

Senator Olympia Snowe Senator Charles Schumer

Senator Mike Crapo Senator Debbie Stabenow

Senator Orrin Hatch Senator Ken Salazar

Subcommittee on Energy, Natural Resources, and Infrastructure

Senator Jeff Bingaman, Chairman

Senator Craig Thomas, Ranking Member Senator Kent Conrad

Senator Gordon Smith Senator John Kerry

Senator Orrin Hatch Senator Blanche Lincoln

Senator Jim Bunning Senator Ron Wyden

Senator Trent Lott Senator Maria Cantwell

Senator Mike Crapo Senator Ken Salazar

Subcommittee on Social Security, Pensions, and Family Policy

Senator John Kerry, Chairman

Senator Jim Bunning, Ranking Member Senator John Rockefeller

Senator Trent Lott Senator Kent Conrad

Senator Jon Kyl Senator Charles Schumer

Subcommittee on International Trade and Global Competitiveness

Senator Blanche Lincoln

Senator Gordon Smith, Ranking Member Senator Max Baucus

Senator Mike Crapo Senator John Rockefeller

Senator Olympia Snowe Senator Jeff Bingaman

Senator Craig Thomas Senator Charles Schumer

Senator Pat Roberts Senator Debbie Stabenow

The Chairman and Ranking Member will be ex officio members of all subcommittees.

Source: Ranking Member’s News

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